Support and resistance with the falling wedgeIn our previous chart, we spot the break out point, let be grateful for the chart to be dancing to our tune,
In this present one , we could spot the retest of the trend line ( indicated in the arrow) which confirm the wedge pattern will be completed by another leg up.
DYOR, NFA. Just playing with the tools.
ALICEUSDT trade ideas
ALICE cryptocurrency - why else is it dangerous to buy?The stable downward trend since the end of November 2021 did not bypass the cryptocurrency ALICE. Having high hopes for the continuation of growth up to $34 , back in September the cryptocurrency ALICE again approached the local bottom in the range of $9.
The main ALICE trading volumes are focused on the historical highs. The local downward trend is occurring on lower volumes. What is it: the end of the cryptocurrency or a volume-free correction before a new wave of growth?
ALICE cryptocurrency - the fall wave is not over yet
Buyers' failed attempt to hold the $12 mark clearly signals a weakness in buyers at the moment. The $12 mark has played an important role in the past. We can see on the chart that after losing control of that level in September 2021, it took the buyers 2 months to gather the strength for a new upside wave. And the beginning of the local growth trend happened only after the retest of $12 in mid-November.
A similar situation can be seen in August 2021. From this we conclude that for a new upward wave, it is important for the buyers to take control of the level of $12 . As long as this level is under the control of the sellers, the probability of continuing the decline to $9 is quite high. Moreover, while we do not see active actions from the side of buyers neither by volumes nor by candlesticks.
ALICEBTC price prepares to sacrifice for 130% growth
If you analyze the global picture on the ALICEBTC price chart, you can see a big consolidation triangle. Now the sellers are trying for the third time to test the lower trend line of this triangle. For this goal, the sellers need to lower the price of ALICEBTC by 13-15%.
But if you look carefully at the previous reversals of ALICE price - all of them were very aggressive and started exactly after the test of this trend line. Therefore, we assume another final wave of fall in the ALICE market. But in our opinion it will be final before the beginning of the positive period for all investors.
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ALICE/USDT BREAKING GLOBAL KEY LEVEL, FUTURES POSITIONI opened a long position on the retest of this massive key level break out, if we find support and Bitcoin keeps rising which I believe it will we can make some good gains. Liquidation at bottom, steady up rise with higher lows and higher highs. //Abrí una posición larga en el retesteo de este nivel clave global (soporte), si encontramos soporte y Bitcoin sigue subiendo, lo cual creo que sucederá, podemos obtener buenas ganancias. Liquidación en la parte inferior, aumento constante con mínimos más altos y máximos más altos.
ALICEUSDT LONGTERM VISION (STRONG BUY)Hello friends.
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Everything on the chart.
We are stay on strong horizontal support,
We are above MA200 on 1D TF,
We are above trendline,
We are above horizontal volume on 1D TF,
RSX 1D TF on the bottom,
Also from 3$ to 23$ was impulse(5waves), after impulse should be atleast one more impulse, so in the worst case, we will see at least $ 35. At best, with a strong bull run, $ 65-75 looks quite real.
buy zone: 11-13$
midterm targets: 24 - 30 - 35$
longterm targets: 35 - 55 - (65-75$ zone)
after first target reached move ur stop to breakeven
cancellation of growth, consolidation below ~7.5-8$
stop: im w/o stop (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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Aliceusdt- LongAs we can see on daily chart that alice is forming exact same H&S pattern which i again believe won't play out and will soon breakout #NFA. For short term current price seems to be a good buy as we can expect some reversal in BTC. #NFA I'm new and learning so keeping it simple. No tps. Use stop losses on all trades. Thank you.
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MyNeighborAlice ALICEUSDT - Bearish Head and Shoulders- The price is currently breaking down the trendline established in Jun 2021.
- As we can see on the daily timefrrame, there is a huge rising wedge that is currently also breaking down.
- Looks bad as the bearish head and shoulders pattern is also breaking down the neckline.
- MACD bearish cross on the daily/weekly chart.
Have we lost you, ALICE? In my previous analysis (below), I showed how ALICE has been trading above long-term support since March 2021. Despite the brutal drops in BTC’s price, ALICE is still trading above its long-term support, but for how much longer?
The updated idea shows the key local support ranges as we approach the long-term support; they are approx every ~$0.50. There has been strong support today at the $11.30 level but it may only be a matter of time until it breaks.
From a trading perspective, these local zones can still be traded with tight stop-losses and care. For instance, when BTC was falling toward its 42.5k support a few days ago, ALICE was also falling but found strong support at $11.50 where it quickly rebounded to $12.42, which, if traded would have yielded an 8% profit within an hour. When trading these zones it is worth moving to lower time frames and always looking for confirmation of support before entering a trade.
Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :)
Please feel free to leave your comments and thoughts below!
I'm optimistic about Alice. (JUST THE IDEA) at first Alice is a metaverse game that makes a lot of ads with binance.
on january 10th 2022 alice will launch her NFT on binance.
This month the beta game will be released.
I see this liquid that BTC made is a great buying opportunity.
I'm doing a long term.
next month I can think again how the chart will be.
my final target would be on the green line.
thank you so much.
be careful and don't forget about the stoploss. ;)
$ALICE - POSSIBLE BOUNCE INCOMING?We are sitting in the $13 area after a huge run to the $30s.
This area is in the lower support rising channel.
Under $12 this channel is invalidated.
$ALICE has had multiple events of huge runs where it has doubled or even tripled in value.
Could we be seeing another test towards All time Highs in The Future?
This could be interesting to see.
Let me know what you all think in the comments below.
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