In continuation of the previous idea for BTCUSDT , I share another long-term trading plan, but for ALPHAUSDT.
In general, the scenario will be confirmed in case of the beginning of a new growth cycle for BTCUSDT.
In addition, it is possible that the medium-term price correction is not over yet, and the ALPHAUSDT price may update the previously reached minimum price level: this moment can be used to increase a long position.
Potential R/P ratio at current levels is at least 1:23-1:39, and on a logarithmic scale it can reach more unimaginable values.
From the point of view of the technical aspects of the price: divergences have been formed on the trading volume, the structure of the waves indicates the end of the 3rd wave pattern with the end in the form of a final diagonal.
Best Regards,
CEO Tornado Capital
In general, the scenario will be confirmed in case of the beginning of a new growth cycle for BTCUSDT.
In addition, it is possible that the medium-term price correction is not over yet, and the ALPHAUSDT price may update the previously reached minimum price level: this moment can be used to increase a long position.
Potential R/P ratio at current levels is at least 1:23-1:39, and on a logarithmic scale it can reach more unimaginable values.
From the point of view of the technical aspects of the price: divergences have been formed on the trading volume, the structure of the waves indicates the end of the 3rd wave pattern with the end in the form of a final diagonal.
Best Regards,
CEO Tornado Capital
