Technical analysis by EthanTW about Symbol ALPHA: Buy recommendation (11/12/2023)

ALPHA target 0.2 1D time frame - ALPHA is creating a bottom structure ranging from 0.5~0.7, and there are 3 obvious resistance zones on the chart. Considering the potential trend of Bitcoin and Ethereum, the first resistance (0.2) is the possible PRZ before bull coming. However, if bull market start running, we can expect 0.6 in next year. TP: 0.2~0.26 / 0.4~0.43 / 0.6~0.7 SL: 0.057