ALICE / TetherUSUpdated ALICE. Bear triangle. March 19.
After three previous nice bullish candles, the last one with a great bounce, there is a powerful move down.
ALICE draws a bearish triangle, which could be broken in either direction. The probability of a break-down is usually higher.
We are looking at 15.74. If this point is taken, I expect a retest of 14.
What I expect is a breakout of the triangle in 2-3 candles. Rather down.
Overall, I consider the coin a very risky investment. There is nothing behind it today except command and faith.
Disclamer: I don't recommend anything to anyone. All decisions are your own. Plan the trade. Trade the plan!
ALICE draws a bearish triangle, which could be broken in either direction. The probability of a break-down is usually higher.
We are looking at 15.74. If this point is taken, I expect a retest of 14.
What I expect is a breakout of the triangle in 2-3 candles. Rather down.
Overall, I consider the coin a very risky investment. There is nothing behind it today except command and faith.
Disclamer: I don't recommend anything to anyone. All decisions are your own. Plan the trade. Trade the plan!
Trade closed: target reached
"What I expect is a breakout of the triangle in 2-3 candles. Rather down."Let's see how things develop further. Right now I think the price will go down. I already said that in the very beginning, then I assumed the bottom was found, bought and sold the coin. I don't care where it goes, I'm trying to catch market movements.
My mood right now is definitely not to buy. Short? Maybe. For now, "maybe."
Disclamer: all decisions are your own.
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