$ALBT the scam that kept givingI'm doing this chart to be extra petty for all the intelligent individuals of the $ALBT community who kept harasing me
and taking cheap shots at me on twitter because i made a chart regarding the retracement of $albt, with them
believing that $albt would just go up in a straight line forever. So you had a bunch of ppl from that community
blowing up my notifications, saying my TA was trash, retweeting , and making snarky comments even when i was ignoring them.
So with that being said keep that same energy.. life comes at you fast. Karma is real 🤣🤣🤣🤣. 👌
ALBTWETH
ALBT / USDT - Reaching for the STARSALBT or Alliance Block looks like it wants to go up, let's see what happens hohohohoho
Your only chance to get allianceblock below 1 USDIf you haven't bought allianceblock. this is your only chance before it goes to 3, 5, 8, 10, 50, 100, 300, 500, 1000
AllianceBlock (ALBT): USDT All-Time-Highs; A Surging WETH PairWith the surging ALBT chart, we take a moment to reflect on 1) what got us in the trade and 2) what kept us in it for this insane bull move.
1) We used the WETH pair to identify key buys (EMA retest for aggressive, Fib golden pocket for slightly less aggressive).
2) The daily 12 EMA on the USDT chart kept us in this trade. It still has yet to close below this moving average, and now we have the benefit of hindsight to map protective stop-loss levels. This is a huge benefit to us, since we can set these protective stop orders and if they trigger, we protect against downside while still locking in profit given the timing of our entries!
AllianceBlock: Newly Decoupled Pairings Shifts Our EmphasisIf Ethereum decides to take a breather after this insane weekend surge, I expect good things for this ALBT pairing.
With ETHUSD up 23% on the day at the time of publishing this, a quick look at ALBT shows a decoupling of its USDT pair from its WETH pair. This is mostly as anticipated given the surging ETHUSD and ETHBTC pairings this weekend, but I still felt it worthy to point out how this is setting up.
Our job is to identify entry opportunities that show favorable risk/reward around entry timing. The levels I’ve highlighted on these charts will depend on Ethereum bull exhaustion, and in order nail the entry, it would be prudent to map out ETH/USD and ETH/BTC charts in tandem with these ALBT charts.
ALBT/WETH pairing on the left: We are remarkably close to retesting the golden pocket retracement (Fibonacci level) of around 0.00029 while we are currently underway with its first re-test of the daily 26 EMA after the 12/26 bull cross. These are key entry levels I like to watch for, so I am keen to see how this plays out in the next 48 hours.
ALBT/USDT pairing on the right: The daily 12 EMA is holding up, and is clearly attributable to the strength in ETHUSD this weekend. Whether or not this chart goes back to retest $0.40 will depend on the ALBTWETH pairing, in my view. Bulls are going to want to maintain that daily 12 support if ETHUSD keeps running higher. If ALBTUSDT gets a daily candlestick close below the daily 12 EMA will be a red-flag, and bulls will want to re-evaluate the ALBTWETH golden pocket setup highlighted previously.
