ALPHA/USDT looks poised to breakout of the consolidation range it entered following it's previous peak. (See Daily chart posted as annex to this analysis.) Momentum is rising sharply indicating higher prices to come. Alpha has steamrolled past the high volume range entering an area of lesser resistance. Following the last volume spike prices have continued trending higher with 5 up bars vs 3 down bars (including the one we're in now.) I don't have any target prices yet but i'll be looking out for any unusual excess in both price and volume. I like this trade because of the high risk/reward and ease to turn this trade around. Please look at the following daily chart to see what I mean.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.