ALT- Trading idea.
Altlayer - emerges as a decentralized protocol designed to revolutionize the blockchain landscape by simplifying the launch of native and restaked rollups. These rollups, which can be based on optimistic or zk-rollup stacks, benefit from enhanced security, decentralization, and interoperability. The protocol’s innovative approach includes the concept of restaked rollups, leveraging mechanisms from various rollup stacks such as OP Stack, Arbitrum Orbit, Polygon CDK, and ZK Stack.
A key feature of Altlayer is its native utility token, ALT, which serves multiple functions within the ecosystem. ALT is used for economic bonding, governance, protocol incentives, and payment of protocol fees. This tokenomics model ensures that ALT holders play a significant role in maintaining and managing the network.
Binance Labs has invested in this coin.
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✅ The previous trading idea closed only one sell zone, gaining +97% since publication. The remaining position was stopped out around +70%.
⤵️ The price then retraced back into the descending channel, following the overall market sentiment.
Logically, there are a few possible scenarios:
1️⃣ - A sideways range starts to form (a channel within a channel).
2️⃣ - A V-shaped recovery from the current levels.
3️⃣ - A continued decline within the descending channel.
🛒 From the allocated amount for this coin and the previously locked-in profit, I’m starting to build a position.
📊 Crypto, risk management, and capital growth.
📌 I share real market insights, my personal trades, and objective analysis.
Not financial advice.
💬 t.me/KECapital
📌 I share real market insights, my personal trades, and objective analysis.
Not financial advice.
💬 t.me/KECapital
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📊 Crypto, risk management, and capital growth.
📌 I share real market insights, my personal trades, and objective analysis.
Not financial advice.
💬 t.me/KECapital
📌 I share real market insights, my personal trades, and objective analysis.
Not financial advice.
💬 t.me/KECapital
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.