Alice Trade
Updated
ALICE/USDT Pair is being traded on CEX derivative exchanges such as Binance, KuCoin, BYbit etc.
Trade Entry is because: (1)There is a continuous move od the downtrend due to BTC dump following FUDs from:
Evergrande, Chinese News FUDs, amongst others,
(2) The downward move most likely will mitigate the previous support turned resistant at the 8.5- 8.5 levels before experiencing a rebound to the upside as we enter October.
(3) There was previously a wick rejection at that zone some times ago, thus forming a key level to consider for a LONG entry.
(4) Major indicators such as RSI, BOLL, EMA, MACD will signify an oversell, with a need for the BULLS to enter the market to sustain its healthy state.
Trade Entry is because: (1)There is a continuous move od the downtrend due to BTC dump following FUDs from:
Evergrande, Chinese News FUDs, amongst others,
(2) The downward move most likely will mitigate the previous support turned resistant at the 8.5- 8.5 levels before experiencing a rebound to the upside as we enter October.
(3) There was previously a wick rejection at that zone some times ago, thus forming a key level to consider for a LONG entry.
(4) Major indicators such as RSI, BOLL, EMA, MACD will signify an oversell, with a need for the BULLS to enter the market to sustain its healthy state.
Note
ALICE/USDT Trade UpdateHey there! A lot is currently going on with
BTC in the meantime. And I would love to keep us updated. Is crypto a scam? Capital NO! Is bitcoin and altcoins a scam? Capital No!You know I'd burnt my fingers especially due to impatience and some psychological reasons in the market. You also might be there, and you are going through all of that.....Just know its going to be fine.
What I want to tell you is that first pause! And then learn, unlearn, add little discipline. I mean add more :)
Concerning Alice/USDT, if you took the trade. You can move your stop loss to break even or profit zone (since trade got triggered at 8.7) or you leave the market for now, while we watch the market's move while we follow the trend!
Remember, we follow the market after obtaining valuable and verified confluences!
Note
And God bless You :)
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