In my previous analysis, I looked at the long term possibilities of this amazing coin. This trade is still active and pictures a great analysis for long term investors.
This analysis has a shorter time view than the previous analysis. ALPHA has produced a double bottom which caused a bullish reversal to occur, with Bitcoin's help of course.
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart Iâve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
This analysis has a shorter time view than the previous analysis. ALPHA has produced a double bottom which caused a bullish reversal to occur, with Bitcoin's help of course.
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart Iâve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
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