Alpha Finance Lab (ALPHA) Buy Zone
Mid-Term : Bullish
Risk : High
On 4 hours timeframe Alpha Finance Lab formed out the reversal pattern, currently its facing out the support zone which is potential reversal zone of it.
$ALPHA/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 0.166 - 0.148
TP 1 : 0.175
TP 2 :...
The trend seems to be confirmed with a very similar bear trap triggered by BTC on July 20, 2021 which influenced the bounce. We are strong bullish with our eyes on the first target of 1.20 usd if the resistance is exceeded. Credits MattmediaWg on TradingView.
The price is creating a descending channel on the 4h timeframe and now the market is starting with a bear flag.
the market has a supply zone of 0.3$ where you can find the monthly resistance as well.
How to approach?
The price is going to reach the supply zone, after that, if the market is going to satisfy our rules we can look for a new short position
From a higher timeframe view, we can see that there are 3 significant bearish phases.
Phase 1 and 2 are really impulsive indicating there's heavy momentum to the downside. However, phase 3 is very corrective with short bodied bearish candles. This indicates that there isn't much momentum to the downside and that bulls are coming back into the market. We can see...
⭐️ BTC bullish and did a false breakout
⭐️ Mirror level is visible on daily timeframe
⭐️ Volume is at bottom
⭐️ 3rd touch
⭐️ Level is 4 days old
⭐️ 40 ATR
⭐️ Over VWAP
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold...
The sentiment in the crypto market has changed, and ALPHAUSDT is showing a notable strength after having formed a double-bottom below and indicating a strong momentum within a day. It opens the opportunity for trade with low risk and a distant target of 0.5
ALPHA had been strong bearish trend after that alpha was facing huge pump from 0.3 to 0.65.
For now Alpha after Broke trend line is extremly Bullish and we have seen pump and we expected for a more pump if it would go above 0.46 level.
If it does that i expected it continue bullish move to 0.6$
Happy trading 🌷
If you are an $ALPHA hodler you need to zoom out. I have hypothesized another scenario, although I believe it first must reach ATH. When it reaches the $ 1.20 threshold I will activate SL. If we see the comparison with the movements of BTC, it could be a useful TP. I am not in a hurry to sell ALPHA, the supply and volumes are too interesting. We have about 20 days...
Alpaca prend appuie sur sa SSB (nuage daily) on est repart vers le haut ? Si réintégration du nuage on ira chercher le bas de celui-ci
#Cryptos #trading #ichimoku #Bitcoin #btc #Cryptomonnaies #alpaca #AlpacaArmy
Still long on $ALPHA. As we can see in the 4h chart, after the weekly closing, the same structure, and the same volume profile, was formed on the price action last Monday. The lows are rising and we should expect another major breakout attempt. It has already been shown in the past that these similar heads and shoulders were not bearish, but attempts to break...