ALPHAUSDT.P trade ideas
AlphaUSDT shortHi,
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 :
Google also :
Nasda futur : NQ!, look also very bad on D
$ALPHA/USDT 4h (Binance Futures) Ascending channel breakdownAlpha Finance Lab lost 100EMA support and broke the up-trend, let's join the local down-trend after that retest.
Current Price= 1.1485
Sell Entry = 1.1633 - 1.2221
Take Profit= 1.0405 | 0.9553 | 0.8962
Stop Loss= 1.2945
Risk/Reward= 1:1.25 | 1:2 | 1:2.74
Expected Profit= +15.99% | +25.62% | +37.48%
Possible Loss= -12.84%
Fib. Retracement= 0.382| 0.618| 0.893
Margin Leverage= 2x
Estimated Gain-time= 10 days
ALPHA - A Masterpiece - Over 250% 😱The last time we posted Alpha was on June 17th where we identified the descending correction and our buy zone.
Price came into our zone perfectly and broke out the descending correction. Since then, price has moved over 260%!
We are now looking for continuation trades. Watch for price action back to the ascending trendline and enter with stops below the trendline.
Targeting 2.40.