Altusd
ALT - Ready for breakout? Hi, this is my new analysis for ALT. After breaking both the resistance 0.10 - 0.1030 and 50SMA/100SMA, in the last few days we have tested to see if these levels will act as support or not.
Fortunately it has been good support for ALT. At the same time we have a big descending trend line that has been tested 4 times.
I expect after breaking the trend line we are going to takeoff. The next resistance is around 0.1680 - 0.1750 and after a good ABC correction we are going much higher to next level 0.36. It is going to be up 200% from current levels.
On the daily timeframe we are getting bullish momentum on MACD and as you see we are in a good uptrend on RSI.
It is very important to hold the support levels around 0.10 - 0.1030, but if break those levels we are going much lower to 0.080.
#ALT (SPOT) entry range ( 0.07 - 0.077) T.(0.3499) SL (0.0665)BINANCE:ALTUSDT
entry range ( 0.07 - 0.077)
Target1 (0.1530) - Target2 (0.2690) - Target3 (0.3499)
SL .1D close below (0.0665)
**** This trade is short time investment with low risk and very high reward ****
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT ****
ALTUSDT: Trend Shifting to BullishALTUSDT technical analysis update
ALT price has broken the double bottom neckline resistance with high volume and has successfully retested. The price is now moving bullish toward the next target, though it may consolidate sideways before continuing upward.
Target1: $0.160
Target 2: $0.285
ALT looks bearish (12H)It seems that the price inside wave B is big.
The large A wave is a triangle that has ended.
Big wave B looks like a zigzag, we are in wave b of this zigzag.
We are looking for sell/short positions in the supply range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
LONG BTCUSD & ALTSEASON INBOUNDLooks like we did hit my buy box after all. All of these manipulations is making me more and more bullish as the days go by. Its time to go balls to the wall at this time with ALTUSD for massive gains over the next month. For the first time in 2 years we are finally seeing BTC go bullish and BTCDOM show bearishness which means ALTSEASON. Its time folks. Im sticking by that.
God Speed,
Mr. Manbearpig