P_S_trade

Alpha 12h Be careful with long, it may hurt

BINANCE:ALPHAUSDT   ALPHA / TetherUS
In our previous idea, in November 2020, we wrote about a young and ambitious project from the DeFi sector the Alpha Finance Lab.
In the same forecast, we assumed x3 growth and, of course, that it came true.
After all, AlphaUSDT gave investors x75 from November to today. Karl x75 in 3 months ... this a mad cool)

A fly in the ointment is volume ... the value of AlphaUSD is growing without volumes and this is a very bad sign.
It looks like someone is pushing the price up to the target.

Let us assume that the mark of $2 will be the culmination of sales.
And further we can expect a fall and quite a strong one.
The lower limit of the channel is around $1.
And the liquidity zone is in the range of $0.67-0.73. It was there that an interested investor, and maybe the creator of the project, aggressively dumped the first portion of Alpha tokens.
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