$ALCX Battered and bruised Looking at the FTX ALCX chart the draw down on this has been intense. This should be trading a lot higher considering the novelty of the protocol.
ALCXUSDT trade ideas
ALCX broke out resistance 20%-200% increase#ALCX/USDT
$ALCX broke out from descending resistance.
🐮 it can have pullback to broken line that is the same with support zone and start its rally to resistance zones.
ALCX/USDT LongA good ascending triangle chart pattern + price action can be a good reason to invest money on ALCX!
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.
ALCX can do good if we stay positive!!!!A rounding bottom recovery for the alt!
Now, we're at a beautiful support and long from here is going to offer a good R:R!
Coffe or Tea in a CUPNice formation. Let's see if it plays out.
This is my personal opinion and not financial advice.
ALCX time for upsideinverse head and shoulders in play just like merit circle same pattern looks good for me
