After the recent 
BTCUSD Bitcoin (BTC) short dump, some altcoins are starting to show strength and are breaking out. We might see a small correction before the altcoin season officially begins.
Chart Analysis for
ALPHAUSDT.P ALPHA/USDT:
Breakout: The chart shows a potential breakout above a downward-sloping trendline.
Correction: The orange line illustrates a potential path, suggesting a small correction or retest of the breakout level before a significant upward move.
Target Price: The potential target for this move is around the $0.01622 level.
Stop-Loss: A stop-loss is placed at $0.01372 to manage risk.
BTCUSD Bitcoin (BTC) short dump, some altcoins are starting to show strength and are breaking out. We might see a small correction before the altcoin season officially begins.Chart Analysis for
ALPHAUSDT.P ALPHA/USDT:Breakout: The chart shows a potential breakout above a downward-sloping trendline.
Correction: The orange line illustrates a potential path, suggesting a small correction or retest of the breakout level before a significant upward move.
Target Price: The potential target for this move is around the $0.01622 level.
Stop-Loss: A stop-loss is placed at $0.01372 to manage risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.