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ALICE / TetherUS

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ALICEUSDT trade ideas

ALICEUSDT Short Term AnalysisTechnical Analysis: ALICEUSDT has been following a bearish trend, characterized by lower highs and lower lows since mid-March 2023. However, recent price action has resulted in a period of consolidation, forming a well-defined trend line support level ranging between $0.810 and $0.900. This consolidation indicates a potential opportunity for a breakout if the price manages to surpass the upper boundary of this range. Trade Setup: Entry: It is advisable to enter a long position once the price successfully breaks above the consolidation range, preferably surpassing $0.900. Target: Our target for this trade setup is set at $1.351, offering a significant potential upside from the breakout level. Stop Loss: To effectively manage risk, it is recommended to set a stop loss at $0.810, positioned below the lower boundary of the consolidation range.
by TheNewsCrypto
20
ALICEUSDT, key zones to watch and two points to buy🌸👀Hello guys, Everything is explained on the chart for you like always. , Alice is below a strong resistance zone and with weakness in trend for now in 4H timeframe, needs some correction. I expect some retrace and then will be in better point to buy. So Two points to buy are after correction to 1.4$ and after break the resistance base and trend line and at pullback to 2.2$. The targets will be 3.2 - 4.8- 5.4 and finally 7.3 . Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me
Long
by ArashBanakar
4
ALICEUSDT is testing the resistanceOn the daily timeframe, the price bounced off the 1.4$ area, which is a key support level for the market. Currently, on the 4-hour timeframe, the price is testing the resistance level inside an ascending channel. An ascending channel is a bullish chart pattern characterized by two parallel trendlines with the lower trendline acting as support and the upper trendline acting as resistance. The price tends to move upwards in a steady manner within the channel, indicating bullish market sentiment. If the price breaks out of the ascending channel and retests the level, it could signal a potential bullish impulse, potentially leading to a rise towards the 1.8$ area. so According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip