ALICE - Long
My Ideas on how Alice could go to test the 15 USDT resistance! which is the Golden ratio of Trend based Fibo:
1. BTCDOM(orange line) is at a huge resistance around 1200 area and I expect it to break below the consolidation area. History repeats!
2. DOM rejection leads to an Alts bull run and Alice is going to use this chance to pump to 15USDT resistance. If it manages to close above, we could expect it to reach the 0.786 area atleast (18.60 area).
3. BTC is trying to consolidate and stay stable within the 54k to 57k area. which is great for the Alt coins to outperform BTC.
Thank you!
1. BTCDOM(orange line) is at a huge resistance around 1200 area and I expect it to break below the consolidation area. History repeats!
2. DOM rejection leads to an Alts bull run and Alice is going to use this chance to pump to 15USDT resistance. If it manages to close above, we could expect it to reach the 0.786 area atleast (18.60 area).
3. BTC is trying to consolidate and stay stable within the 54k to 57k area. which is great for the Alt coins to outperform BTC.
Thank you!
Trade active
Moving as expected. going strong!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.