Alice
ALICEUSDT Technical Analysis
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ALICEUSDT on H4 has formed a Flag. After the breakout above the Flag we can expect the price to go higher. It might go to Pullback zone before it goes up.
⬆️Buy at Resistance Breakout or Buy at 10.400
⭕️SL @ 8.800
✅TP1 @ 15.350
✅TP2 @ 18.200
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Alice last push a tight pile upI am in a trade already. Didnt excecute my first entry as well as i would wish because there was a special place to go for a very tight risk. I was a bit too early. Lets try to sniper this girl down when the second possible chance comes in There might be multiple times i try and fail but possible rr is way to good. not to try to hunt it.
Alice last pushAlice had a small rest period at key levels for my analysis, had a setup to go down didnt really perform. it showed that it does not fancy down side with a clear funnel invalidation when came out of wedge. Also touching downside target with a wick. this says to me this wedge is a clear continuation pattern with wedge targets and potential bigger HS confluence. The idea invalidates if it suddenly goes below blue fat line.
$ALICE/BTC 4h (Binance Spot) Falling wedge breakoutMy Neighbor Alice broke-out bullish again and seems to be ready to push higher short-term.
If you want to give Margin trading a try, 2x would be the max recommended leverage here!
Current Price= 0.00034405
Buy Entry= 0.00034133 - 0.00032171
Take Profit= 0.00037489 | 0.00041726 | 0.00045456
Stop Loss= 0.00029669
Risk/Reward= 1:1.25 | 1:2.46 | 1:3.53
Expected Profit= +13.08% | +25.86% | +37.11%
Possible Loss= -10.51%
Fib. Retracement= 0.618 | 0.893 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 10 days
ALICE MY GIRL...Looks like it broke 4 days long descending trend. Now above the trend line that was resistance and looks like it just successfully retest it. If BTC does not disagree, we have a chance to see some more in-range trading chances... channel it's stuck in is 16% wide so we can make nice scalp trades until we break that yellow resistance level...
What can we expect for ALICE in the next few daysAs I post early this morning a squeeze is coming soon - I would say 80% chances of going up and 20% chances of falling down (In case that BTC fall down in the next few hours) Yesterday, Alice went down as BTC dropped suddenly for a couple of hours and didn't recovery when the rally started. My thoughts are that all attention was on Etherum, Bitcoin and Dogecoin (Hell of a rally by the way).
My Neighbor Alice started the second land sale on 21 st, July. Price moved up from 4.8 to 12.77 in 4 days. "Everything that goes up must come down" And that exactly happened fron July 25 to 27 with a lower price of 8.60. Wednesday, 28th winners of the lands where determined and rally started already on the charts with a max price of 16.50 ... Pretty good! The decline continued until the price reached the support of the 0.382 Fib. at 11.61
At the moment the next big resistance is at 19 but that's on TA. I think that 17.20 is a good top. Top that we could expect on Monday or Tuesday (On my previous post I wrote 12 to 36 hours).
When price squezze let's focus our attention when price reach 14.0 - 14.5. On that range we can understand how the markets are moving. My 1st TP is placed on 16.48 (I never use round numbers when I trade) that will take only the 25% of my position but I will be really to close all the position if the bullish movement is weak and see somekind of manipulation. I will be ready to open a short position at 16.62 and expecting a retracement to 14.5 even more, (I did't draw it on the chart because I'm being optimistic and expecting the prices move up to 17 with confidence) then I can open Long position between 13.8 and 14.2.
Im ready to read your thoughts and ideas, let's make tradingview intersting again without discussing politics and being disrespectful with others.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Alice Bullish Pennant 🌸Alice has been spending her time quietly consolidating within a bullish pennant.
Once she breaks free, I'm expecting her to go on and target $16.50 area first followed by $20.00 if momentum continues.
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