What you're seeing here is a consolidation after breakout.
The price broke out but now it's building up a volume of Supply & Demand to confirm the breakout.
The more volume on supply, the more correction to lower prices.
But right now the Demand volume is higher so I'm predicting a retest at the resistance area soon.
Watch the prices for now and don't open any...
alpha break the correction lane and complete pullback now
fibo time show us after a hug upside move a correction made then it back and make a new high
every upside movement more than 700% profit so i think it can do it again .
Like and comment if you agree with me
ALPHA has broke out of the corrective downtrend resistance and is forming new bullish structure, we had a daily close above horizontal resistance yesterday and we are now retesting it as support, if this zone holds its likely we see more upside movement
CHECK OTHER IDEA FIRST THIS IS NOT PRO:::))))
alpha should move after BTC move and stop
green line is TP
but before come dow with 3th wave on 1.8009 and after move going too top
on 1.9717 have big resistance can breaking this going too moon
SORRY THE CHART IS BUSY :)
i think tomorrow go TOO first TP 2.317
After seeing immense gains at the start of 2021, ALPHA has been showing consolidation for almost three months now. During this process a triangle pattern has emerged. With the recent altcoin market rally, ALPHA has finally broken this consolidation pattern and seems ready to continue its path upward.
this alt has been in a big scale sideway for a long time and in addition it has done a clean break and pullback to trend line which both are plotted at the chart and the analysis of our candles and ATR ratio clarified us to publish this idea which this alt is going to moon soon
👉This idea has the confirmation of "advanced price action"
👉For more information...
ALPHAUSDT Support and Resistance Levels
Hope you enjoyed our analysis about ALPHA's possible rally.
You can support me with your likes.
Also you can share your opinion with me in comments.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
ALPHAUSDT is trying to have a breakout from a huge triangle. IF the price will have a breakout and retest the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.