Alcxusdt potential 8X opportunityIdentified a bullish falling wedge reversal setup, price already flipped over the trendline resistance.
We should focus on the area of interest shown on the chart for possible tradable action.
ALCXUSDT trade ideas
#ALCX to the moonA clear breakout of a long time processing falling channel.
Aaaand, retested. What now? ;)
NOT FINANCIAL ADVICE.
ALCX poised for a move up to the next levelThe image shows a chart with an Elliott Wave pattern applied to the price data of ALCX/USDT on a daily timeframe from a Binance chart. The Elliott Wave pattern consists of a five-wave structure, with three impulse waves (1, 3, 5) that move in the direction of the trend and two corrective waves (2, 4) that move against it. In the image, waves 1, 2, and 3 have been completed, with wave 3 showing a strong rise. Wave 4 appears to be a corrective phase, and the chart suggests that a fifth wave is projected to reach a target of 1.618 times the length of wave 1 (indicated as "1.618 (27.22)"). This is a common Fibonacci extension target for a wave 5. The pattern is overlaid with trend lines that form a converging wedge or triangle, indicating the consolidation and breakout points.
ALCXUSDT Falling Wedge Pattern!ALCXUSDT Technical Analysis Update
ALCX Formed falling Wedge Pattern
Buy zone : Below $16.10
Stop loss : $13.75
Take Profit 1 : $18.50
Take Profit 2 : $24.75
Take Profit 3 : $41.00
Spot trade
Always Keep Stop Loss
Not Too Late to Join this RideIt seems like we have completed the impulse wave and entered the correction phase. The correction took the form of a normal B. This correction's C leg exhibits a five-wave structure and concludes with a terminal impulse, marked by a 5x pattern. This suggests that the subsequent wave, following this correction, has the potential to reach a new high within this timeframe.
Our risk-reward ratio (RR) is favorable at the moment. If the current level is breached, it would indicate a different scenario, suggesting that the C leg is part of a downtrend impulse wave with a 3x structure.
ALCX verry bullishalcx is very bullish because :
1-we have falling wedge , our downtrends are weaker than our up trends.
2- we have nice and clean divergence in rsi.
3 - in rsi the downtrend is broken , the trends in rsi usually breaks earlier than charts.
4- the volume increased to its all time high volume level.
5 - i daily time frame alcx break the last high.
for tp i think price can reach 66$ because it is middle of a pressure gap
i think alcx has 75% chance to go up and 25% chance to go down
i myself bet on 75%
ALCXUSDTALCXUSDT just entring the bullish trend.
Bullish divergence also form in RSI.
No sign of trend reversal here.
We wait and watch for the breakout of last HH.
ALCX The Bull run is coming
Everything is displayed on the chart if you have any questions write it on a comment.
Good luck
This is not a financial advice DYOR
#ALCXHey, this is just a technical view that bears the wrong and the right, so do not rely on it, but use it to help you make the decision, and also do not neglect the financial management, and do not forget to follow up on social media if you are interested in bitcoin
ALCXUSDT 1D LONG📈Hi all. ALCXUSDT is at a strong support, forming a triangle with an increased volume of the buyer, I consider a set to the spot now and a long position when the trend line is broken/retested. Marked targets and levels on the chart.
ALCXUSDTTrend is in continuation mode.
If it breaks the Triangle then trend is going to continue from here.
we wait and watch for the breakout.
ALCXAlcx the Beast is getting ready to fly tho we did missed our entry
And went up almost 40%+
And more to come
#ACLX/USDT - Long - Potential 8.76%Direction: Long
Market: Spot
Risk: 0.25% - 1%
#USDT_ALCX
Exchange: BINANCE
Timeframe: 360
TP1: 15.27
Entry: 14.03
STOP: 12.79
Entry Conditions:
| Falling wedge break
| Volume confirmed
| RVI Break and uptrend
Alcx Getting ready For Further Recovery Seems Like Getting Ready For Further Recovery Formed Falling Wedge In h8 Timeframe Incase Of Breakout Expecting 45 to 50% Bullish Wave
#ALCX - Long - Potential 5.60%Direction: Long
Market: Spot
Risk: 0.25% - 1%
#USDT_ALCX
Exchange: BINANCE
Timeframe: 360
TP1: 19.24
Entry: 18.27
STOP: 17.3
Entry Conditions:
| Unfilled weekly pivot
| Volume trend break
ALCX - Long Term TargetsAfter the formation of ED in wave A/C, the downtrend is expected to correct at least by 0.618 fibonacci level
Alchemix (ALCX) formed bullish Gartley for upto 19% pumpHi dear friends, hope you are well and welcome to the new trade setup of Alchemix (ALCX) with US Dollar pair.
On a 2-hr time frame, ALCX has almost formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
$ALCX23,9 - 36.4 current range
similar play to wnxm will melt faces when you least expect it
42.8 flip should lead to 74.2 barely any resistance
might get another tag of 23.9 so leaving 50% bid there rest hopping on now 27.8
99day holding it back for now
$ALCX1.5 mill circulating coins...
recon this rips soon
target 76ish which is confluent with where it broke down from before and a shade under the 200 on the D1
