Hello Traders!
The upward movement of ALPHA was corrected.
At the moment, the price stands near the upper boundary of the consolidation range - the level of $1.10. MA100 is supporting on the daily timeframe.
It is possible to join purchases in the range of $0.95 - $1.05
Stop loss is better to be placed near the price level of $0.65.
The medium-term purchase targets are the levels of $1.89 and $2.24.
The ratio of risk/reward in the transaction = 4!
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
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