hey guys I'm MAG and this is alpha
so i think it determined wave B of a zigzag
FOR ZIGZAG correction we can expect 0.77 and 0.58
then we have 5th EXTENDED but it can be so long to reach the corrective targets
IT CAN GOES TO 60 $ al least IF correction ends in in 0.58
put SL on every position
be responsible for your trading
and trade like pros
Bullish Deep Crab Harmonic spotted on 4h. PCZ hit. Waiting on another impulse down here to double touch the PCZ might be prudent, as there will most likely be bullish divergence/convergence on MACD and RSI indicators at that point in time. Stops can definitely be loosened a little bit depending on your risk tolerance. Plenty of room.
Long on $ALPHA as a scalp for $2.81+ as shown.
Looks to have broken the trendline and also have retested
Also have Super Algorithm saying bullish on 1 hour close.
However, thi is low tf. Hence, confidence is low.
This is scalp. And I would be cautious in adding any large sum here. Alt and low tf only can have low position size
The coin has been strong on the uptrend creating new ATH. I expect it to keep running.
Entry was based on a bullish order block on the 1hr TF which correlated with the 15mins TF also.
TP - 21.92%
SL - 3.06%
RRR - 1:7.16
as there's no area zone for the target, I'd be taking partials in between as the trade runs.
Support held its ground there and now buying, tp highlighted only if btc keeps the short-buy momentum, if btc falls then support gonna be broken n to’s invalidated for the moment.
