💥ALPINE BEARISH SIGNAL- TO FALL TO $5Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
We have 4 triangles on this chart. The biggest one is a symmetrical triangle. The current triangle which is a descending triangle has a symmetrical triangle within it.
Alpine price is weak at the moment. The inner trendline is serving as support here. Once price break it, I expect a fall to $5.
Price can visit $6.40 before falling to $5 too. But the chart is bearish right now.
What do you think?
Share your opinion in the comment section✍️
You can also demand for analysis of your preferred coin
Follow me stay updated about this coin and more helpful projects like this🎁
Happy Trading💰🥳🤗
ALPINEUSDT trade ideas
ALPINE/USDT (Update) - Bullish dynamic above 3,90ALPINE/USDT (Update) - Bullish dynamic above 3,90
Context : after having challenged the last key support of the Wave B structure at 2,90 the market finally started the wave C of the (ABC wave structure) showing 20.00 as taking profit level in (linear scale) and 25.00 in extansion. However once again here we are in 1H chart basis with few data historic - so the 2 only key level where we can have confident is 3,90 for the support and 20.00. If you switch in Log scale the equivalent of 20 is at 40.00 (upper part of the yellow ascending range.
Key level :
3,90 is the overlap of the first impulsive move started from the bottom and it is also a resistance graphical area where the market was capped during the wave B - it is alos a ABC wave target (fibo + retracement on the short-term)
As long As 3,90 stay support , buy any dips above to play a break aboce 7,95 (first confirmation level (Taking profit level for scalper) before testing 20.00 (Taking profit level fro multi-day traders).... We can let the market goig sky rocket but this scenario then is more based on non-rational analysis .... only a clear break above 25,00 in daily close would open a larger move.
ALPINE/USDT : Fan Coin from Binance - Target 26.00ALPINE/USDT : Fan Coin from Binance - Target 26.00
Context:
The coin has been launched yesterday with an NFT mysterious box purchase/drop in the pipe. The graphical triangle on going on 15 min chart basis is interesting to anticipate a bullish exit to 26.00
However auto similar move provide a potential dip buy area at 4,18 .
Tactical view - 1 to 3 weeks
As long as 6,50 remains resistance , we still have a chance to visit lower in a dip to buy the coin and play 26.00 - Else it will be a direct rise by exiting the consolidation pattern on going.
Bullish above 2,90 (Buy area 5,30 (already in) and 4,18/3,45 to anticipate a significant rise to 26.00 and go away.
Enjoy