ALPHA has been inside a massive channel, see the analysis below for a long term overview:
At the moment, ALPHA is at a key level. Firstly, the lower support of the long term channel is hit. Secondly, there's a possibility for a triple bottom reversal.
Since ALPHA has been underperforming to many other cryptos, I think it's time for ALPHA to shine.
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 I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
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