ALPHA looks good here. Broke out of the triangle and currently retesting.
Entry: $1.164 to $1.193
Stop Loss: $1.062
Note: Do not use high leverage and accumulate the dip to average the entry. This is not financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
We had multiple bounces off the support while the resistance has been penetrated. It is not the best price to buy ALPHA as it offers poor risk/reward, but it is certainly a valid uptrend that should push the price up by at least 27%
Here is another coin I have choose to short based on the Market Dominance BTC.D moving UP from a low level
The orange line is the BTC.D Chart
I have seen some other coins to, but I'll not put them all
I have see also SPY breakging down an upside trend line :
Will go log if Alpha breaks the resistance line
𝐅𝐨𝐥𝐥𝐨𝐰 𝐭𝐡𝐢𝐬 𝐚𝐜𝐜𝐨𝐮𝐧𝐭 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐮𝐩𝐝𝐚𝐭𝐞𝐬
after the price breakdown it's consolidation block on 0.95 price level, ALPHA start to form falling wedge, there are 2 possible scenario :
1. it's continue to complete the falling wedge pattern and will blast out (cause by the time it will be on the bullish divergence area).
2. it's hodling up on the consolidation box and start rising up, but if this scenario...
Similar setup as TRB.
Look like bullish. Look like at the bottom of the range.
Like TRB there is lower support, but it's look like to bounce from here.
0.55xx will probably be hit, at arround the 200 EMA. At least.