ALPHA /USDT a second breakout will probably come but in which direction?
ALPHA/USDT is the real breakout coming now?
This value is also new to the Defi Universe and is in an intact uptrend on the small time units. However, this trend is now at risk as we are at an important support. For trend traders, here would be a good opportunity to buy into this uptrend cheaply, as the stop loss would not be far away.
Daily PG and a possible second breakout
The previous breakout was not worth mentioning but now there might be a second chance. Everything depends once again on the closing price. Should we see another buying wave today, then there is a good chance for a second real rally on the upside.
The dark side
As always, there is also the possibility for a breakout on the downside. If we close now in the yellow PG range or lower, then there is a high chance for a stronger correction. So it is exciting and the day will show where the journey may go.
Source: (Guidants/Godmode Trader) & JFD Broker & Binance
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