#ALPACA

Alpaca Finance (ALPACAUSDT) already grew a nice 4,367% in April 2025. The market bottom was hit 17-April and really high volume came a day before. Then more volume and strong growth started to happen on a daily basis. Total growth from bottom to the 30-April peak amounts to the number listed above, but it is likely this isn't the end.

This wave of bullish action was just a recovery from a break of a long-term consolidation channel structure. After this wave of growth, the action is "back to baseline." Alpaca Finance is now back to zero based on TA.

You can see clearly the sideways channel on the chart as well as the two rounded bottom pattern.

You can find a new All-Time High projection sitting at $6.99 with a massive 3,395% potential but wait, more targets are also available. There is one at $2.74 for 1,270% and two other targets with one that sits within the previous wick high.

These long wicks tend to remove resistance, and this becomes a bullish situation. All the sell orders that were present all the way to $1.28 were filled when the late April wick high showed up. Now, after some consolidation, the market can resume with additional growth.

In this case you can use a stop-loss, the 11-September 2023 low.
This pair should not be traded by beginners. Beginners should focus on the charts with a bottom entry and price, the ones that I share daily. This is for advanced traders only.

Thanks a lot for your support.

Namaste.