ALICEUSDT | Falling Flag - Local Trend Breakout Trade SetupPrice action and chart pattern trading setup
> Falling Flag reversal pattern of local trend
> Entry at breakout downtrend line
> 1st target at previous high zone 0.786 - 1.0 retracement, a possible wave 1 leading diagonal
> 2nd target at wave 3 - 1.618 - 2.0 zone for long term trade
> Stop zone at the lowest position of last wave, RRR: 2.5:1 for medium term trade, downside risk 10 - 15%.
Indicator:
1. strong smart money volume support
2. banker chip multiple entries
3. fund flow reversal pattern
4. BBD signal crossing up baseline 0
5. KDJ stochastic bullish divergence
Always trade with affordable risk and respect your stop-loss
ALICEUSDT trade ideas
ALICE-USDTGreetings,
The coin is speculative, with nothing underneath, only the promise of creating a game) but it is listed on all exchanges and trading volume of 100 million.
Technically, the volatility compression, the support zone around 5.5 and resistance 7.4-7.5. Upon breakdown of this zone, you may consider potentially long. So, trading in the sideways channel is also relevant.
At breakdown of support the next zone of interest of buyers around $4.
On the daily chart, a potential price move.
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Always use STOP, and do not use a leverage higher than x3.
A trader must always have tomorrow.
Will Alice make us smile?Hello my friend
For Alice, I think we have reached the end of the bottom and we can start an upward movement in the coming days (within 5-20 days). It had made a tobo at its previous low and had a strong rise, this time, although it is not a full tobo, I think it is at the bottom and can make a similar rise. Knowing that it is very risky right now, open a trade and buy profits at Fibonacci levels in case of an increase. Remember that your money is important and use a stop. There may be a possible retracement of Bitcoin, so do not rush into buying.
It is not investment advice.
GATEIO:ALICEUSDT
🆓MyNeighborAlice (ALICE) Apr-16 #ALICE $ALICE
The selling force was almost gone when ALICE retested the $6 zone. This is the time when we can accumulate ALICE and expect a strong rally to the zone of $7.5, $8.5 and $10. However, if it loses the $6 zone, we need to be careful because it will continue to fall sharply to the $5.2 and $4.6 zones.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 6$ zone
🔴Buy : 6.5 - 6
🔴Sell : 7.5 - 8.5 - 10
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 6$ zone
🔵Sell : 6
🔵Buy : 5.2 - 4.6
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section