Around three weeks ago I made an analysis on ALPHA and the channel it was in. At the moment, the price is right in the area which I earlier indicated as a potential long area. Take a look at the post for reference.
Since the price reversed quite sharply from the $1 area, it might be a great time to trade this channel.
On the chart Iโve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.