ALPACA/BTC in consolidation zone waiting for breakout

ALPACA is slowly moving toward breakout zone, it has a bullish run for a few days now, its very possible it will expand its bullish move from here even futher, it looks like its a good time to buy with easly set stoploss.

Consolidation bottom sets up at 449 sats, if it will go below it, i would say its gonna be bearish, so stoploss at 448 sat just in case.

If consolidation will break above i would say it could reach about 520-530 sats.

It will resolve in a matter of day or two i belive.

Komentar:

Sorry for typo on chart, its supposed to say Stoploss 448 not 488