ALCXUSDT trade ideas
This $ALCX Chart is Misleading! It's Going Different Places Well, first of all, it begins quite recently so we should check the chart on cmc. That chart is also misleading because the price dropped dramatically due to fast token release schedule. Now, 79% of all tokens released, which is good. So we look at the all time market cap chart, and we see a clear long term uptrend, and more important, we see it is attempting to break out above the latest downtrend line.
A 4h close above 133 will be a clear bullish signal. Currently also bullish as long as above 118. I am in at 115.4.
When I look at the project fundamentals, it has no reason why not to reach a market cap of several billion in a decent rally -currently hovering below 150m. You can figure out where to sell as you please :)
ALCX LongAfter yesterdays debacle with VET i was unsure to post this.
What i did was bought a small part in at 306.8 what was fib lvl .786
As a backup i will buy more 1.5x the first bit at lvl 300.8
This was the swing recent swing lo.
This 1 is now in profit and i already moved my stop loss from 294 to 306.8
So in profit.
lets see how long we could ride this baby
If you miss the pump don't miss the dump AlcxUsdt currently pumping at the moment, although it has not pumped as expected reaching the target 463 or more, but with the emerging of the whipsaws and breakout of candles from the parabolic curve it might dump soon. So I'm looking for a nice setup to go short once my criteria are met.