ALICEBUSD (ALICE) - BULLISH SETUP ANALYSIS 🔎
- There's a potential formation of the bullish inverse head and shoulders (IH&S) pattern.
- Price hit a swing high and retraced (right shoulder formation).
- Price is testing the horizontal support level (S1) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- The minor retracement at the right shoulder is resisted by the descending trendline resistance.
- Breakout above the descending trendline resistance could lead to the test of inverse head and shoulders neckline resistance (complete formation of the inverse head and shoulders pattern).
- Further breakout above the inverse head and shoulders neckline resistance could be a bullish confirmation.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance.
- Retest of the descending trendline resistance after the breakout.
TARGETS 🎯
- Horizontal resistance level (R1).
- Neckline resistance (NR).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Initial invalidation : breakdown below 0.786 fibonacci retracement level.
- Final invalidation : breakdown below previous swing low horizontal support level (S2).
Alice
$ALICE/USDT 12h (Binance Futures) Descending trendline breakoutMyNeighborAlice broke-out bullish then pulled back progressively forming a falling wedge pattern.
We are still expecting some more retracement down retesting the TL and 50MA before next leg-up!
Current Price= 13.291
Buy Entry = 12.433 - 11.629
Take Profit= 15.168 | 17.629 | 22.774
Stop Loss= 9.517
Risk/Reward= 1:1.25 | 1:2.23 | 1:4.27
Expected Profit= +26.07% | +46.53% | +89.29%
Possible Loss= -20.90%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1 month
ALICE WILL DANCE ITS WAY UPThere is a golden cross.
RSI beckons a positive move.
EMA50 is a strong support.
EMA30 is a resistance area for now.
Volume is strong.
Resistance zones are in red, and support zones are in green. Plus, some resistance areas are minor and some are major. If you look at the price action history, you will pick up on that.
CAUTION: Open a trade after a candle closes above 15.30.
Targets are: 17.28, 18.31, 21.3
ALICEUSDTthis alt has shown a great potential in absorbing the money flow and whales to its whitepaper and we can see the ascending channel in the lower time frames easily
a great coin to have in wallet hold for long term and get huge profit
👉this idea has the confirmation of advanced price action
👉for more information about our services contact me via trading view private chat or our twitter
👉hit share and spread these information for everyone and help us benefit others too
Alice 12h When will the price rise again?ALICE coin hyped while listing on Binance
In a matter of minutes, the price soared from $0.10 to $60. Only x600
I think we can all guess who are "units" were able to make money on this.
After this hype, Aliceusdt price has been looking for a balanced price for ALICE for a month and a half, which would satisfy new customers.
Let us assume that the price of Aliceusd will try to go down to the $5 region in order to find new buyers-investors. However, before doing this, it needs to bring the price down below $7.50
Let's discuss in the comments what expectations do you have for the MyNeighborAlice project?
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Since 2016, we have been analyzing and trading the cryptocurrency market.
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ALICE/USDT TRENDLINEHi guys
this time im here with alice/usdt binance chart on 4h timeframe
which i think it had broke the trendline and it could move to the ressistances in mid terms
of course if the king btc Do not interfere
well the support and ressistance lines are visible in the chart
as always i will be happy to read your opinion and if you enjoyed mine please like it
wish you the best alt season
bb
🔥 ALICE Bullish Break Out From Bearish ChannelALICE has been underperforming since it has launched. The first day resulted in strong gains, only to lose them in the weeks after.
This trade assumes that ALICE will first fall back towards the channel resistance before continuing its bullish path upwards. Wait for the reversal and trade on it.
Happy trading!
ALICEUSDT Bullish Projection Still valid After BreakoutHaving confirmed the breakout from the previous bearish trend and the market currently on a reasonably dependable support zone, ALICE is still expected to continue going long even after the initial spike observed yesterday. See the chart for projected direction of the market.