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Technical analysis by Stoic-Trader about Symbol ALPHA: Buy recommendation (5/3/2025)

https://sahmeto.com/message/3474373
Stoic-Trader
Stoic-Trader
Rank: 24648
1.2
Buy،Technical،Stoic-Trader

Price rise was strongly rejected at the August 2024 low, which is now a key level.Nevertheless, I am currently biased to the upside, with a presence of bullish RSI divergence in the daily chart.In this scenario, the recent rise would be a leading diagonal (green 1-5).The gray zone shown in the chart could offer the support needed for a new uptrend leg.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$0.0449
Stop Loss Price
$0.0325
Price at Publish Time:
$0.034043
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