ALICEUSDT trade ideas
ALICE next bullish moveIf bitcoin stays stable between 46000-49000, we will have the next bull run of ALICE.
Targets are chosen carefully. and make sure that:
in case of observing power in bitcoin, you will keep a portion to 10.4 $.
in case of any weakness or normal power, you will sell on the next targets (for long-term investment, there are better alternatives).
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comment your question.
can ALICE Reach 14$ or not?ALICE is ranging In a Broadening wedge. This Means The Price Is gonna Stuck in This Pattern until a Break out Happens. So now The Price has Decreased a Little Bit & It Has Touched the Important Support at the middle of The Pattern Once So this means the Price Can Reach the Top of The Pattern Once again & after That 2 Things Can Happen.One Is a Break out which would Increase The Price to all the way to 14$. another Prediction is that It would Fail to Break the Pattern & Would Stay in the Pattern. in that case We shall See another Bearish Movement To The Support line!
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Have a nice day and Good luck
ALICE - Buy it with this strategyBYBIT:ALICEUSDT
1H trend chart
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ALICE has broken out the neckline, there is the 1st timing to long it.
Next, we can buy it if price gets pullback and support around the line( $7.925).
Trading strategy as below.
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Profit Targets:
a) 8.145~8.235----Fib(1.272~1.382)
b) 8.42----Fib(1.618)
c) 8.730----Fib(2)
Stop losses:
a) 7.560-----Red horizontal ray
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What could happen to AliceLooking through Alice, with most ALTS and BTC looking to make a change in trend from what we have been experiencing for a while. We would need to flip the current resistance which we are facing for alice to move all the way to $12 or get rejected back to the support in the bull flag. Break and close above would be a good reason to scope alice if you didn't get in earlier