My Neighbour Alice's Bullish Channel 🌸Alice is consolidating within a parallel channel structure. If this channel continues, then I'm expecting Alice progress further up the channel, with an upper target being in the $18 area.
Also the 4H RSI has double bottomed in he oversold territory, which re-affirms a move up the channel is more likely at this point.
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NFA & Please DYOR!
Alicelong
#Alice Bottomed out Support Found Bullish Price Action found Entry - Current Price $12.34
Stop Loss - $11.61
Exit - $17.13
Leverage - 10 x
Risk to reward - 6 to 1
+38% Move.
4 Hour Time Frame Analysis -
We can see Alice has found a nice bottom forming a range on the 4 hour time frame.
Along with this, it has also produced some bullish price action with a nice big reversal pib.
We also have a 4 hour bull div, showing us that bulls have taken control.
We have some nice volume coming in on the 1 hour as well!
We have 3 targets for this trade as we are expecting a big move.
As always best of luck
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ALICE BREAKOUT - NFT hypeSince being listed on binance futures this one hasn't done much but free fall. But it looks to be breaking out.
Tread carefully with this one, as it has failed a breakout previously, tight stop just below the falling wedge support.
Targets as shown.
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Good Luck :)