I see a static resistance around 2230 satoshi which is tested and then denied about 7 times lately. In theory I assume that resistance is finally broken so what is the target? A giant dynamic resistance has been formed since day One of alpha(The great gray line). Price has been playing below that grey line for about 90 days. That is a strong and serious line which may cause a delay on price growth. Now Price around that line is around 2800 satoshi.
Above is another trendline which has been formed since the local top around Mid-May.Now Price around that line is around 3000 satoshi. That is a focal point which may let price grow through last top area (7k satoshi).
So There is a road to ride for Alpha and there is a safer way with fundamentals. Team has released many great news about a product called Alpha X. I personally think if price tend to break aforementioned lines, it absolutely needs driving fundamentals like Alpha X( In case of a great product). Below I highlighted a Fibo channel which shows good points to take profits.
Above is another trendline which has been formed since the local top around Mid-May.Now Price around that line is around 3000 satoshi. That is a focal point which may let price grow through last top area (7k satoshi).
So There is a road to ride for Alpha and there is a safer way with fundamentals. Team has released many great news about a product called Alpha X. I personally think if price tend to break aforementioned lines, it absolutely needs driving fundamentals like Alpha X( In case of a great product). Below I highlighted a Fibo channel which shows good points to take profits.
