ALICEUSDT trade ideas
Form a Double-bottom and pull back to its line and start raisingForm a Double-bottom and pull back to its line and start raising the price to the $ 12.8 area. Significant resistance of prz is felt in this area. This is the resistance of the double-bottom target and the descending channel ceiling. If the channel fails, I will retreat and try again and enter it again.
ALICE big falling wedgeALICE in big falling wedge since the start of Sep. Indicators look like it's ready for a move up, but after a drop like this, it's more or less normal to look bullish after the smallest move up... So I wouldn't look only at indicators to enter this trade. The safest long entry would be a possible breakout retest of 11.62 level, it was significant support before and now we can expect it could be big resistance. Common sense tells us that if BTC dumps continue, this long idea will be most probably invalidated... If the next small support at 9.47 is lost we could take a short trade. Stay safe and good luck
#ALICE 4H ANALYSIS#ALICE 4H ANALYSIS
Depending on the movement channel as well as the correction made, the price can be expected to rise to at least $ 37.
The upside of this uptrend is around $ 10.5.
A very important point about this loss limit is that if the loss limit is activated, we will have an approved head and shoulder pattern that can lead to a price drop to the range of $ 5.5-7.5.
ALICE , what to do ?hallo everyone .
there are 4 possible scenarios :
number 1 :
price consolidating in this range , either it breaks the top or the bottom of the channel.
number 2 :
the price breaks the local resistance and MA50 , rises to the strong resistance , comes back down will be in this range.
number 3 :
price breaks both resistances , and reaches the target of 161.80% Fibonacci which is 38 $.
number 4 :
price after consolidating in this range , will break the support and fall to the green line.
after all , in my opinion , it's more likely to break the local resistance in the following days and pump to the strong resistance , that time we'll decide either it goes down again or breaks the strong resistance ...
I'll keep y'all updated .
don't forget to hit the like !
ALICEUSDT is testing the daily resistance ๐ฆALICEUSDT is testing the daily resistance. If the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ Black structure -> <4h structure.
Alice USDT forming Breakout momentAlice Usdt forming a breakout moment.
As described in the drawing i would prefer to go long if breakout happens upside.
Entry price 3.77 Target 6.43 Stoploss 3.10
So It's a swing trade hence RR is taken accordingly 3:45
This is only for an educational purpose.
Do your own research.
Non financial advice.