ALI in our buying zone , with double bottom , RSI divergenceali has reached in our buying zone , with clear double bottom pattern , rsi divergence .
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ALIUSDT trade ideas
$ALI Targets based on Enigmatic Fib Spiralswww.tradingview.com
This is not investment advice but only a learning exercise!
THE FIB SPIRAL
Fibonacci sequence tools are intriguing and, while not designed for sheer accuracy, these tools when based on prior data (patterns) provide Fibonacci Ratios in a circular arc that connects opposite ends of the Fib tiling. In this analysis, which I have conducted in other charts with great success, I use the Fib spiral to measure the radius of the preceding local high in its downtrend toward a local bottom.
As the Fib spiral grows proportionately to fib ratios, I set the first radius as the distance between two major extreme points on the trading chart. This, as well for other Fib ratios, is the main principle and the basis of correctly using the Fib spiral.
It is very integral to choose this first radius properly and, if we are successful in choosing this distance accurately, the intersections of the price and Fibonacci spiral marks important price and time targets in the future.
The Fib spiral is sort of a forecast tool for time and price targets. It is important to note that I discovered that each intersection point on the Fib spiral indicates an optimal combination ratio between price and time and all the corrections and changes in the direction of a trend occur at all those points where the price and time touch the growing Fibonacci spiral.
The fib spiral works, amazingly enough, on the basic premise of selecting the extreme point on a market chart - in this case it is the prior local high with a downward angle consistent with the angle of that prior top-to-bottom downtrend ending the spiral at the local bottom, its first bottom not a future lower low that is part of a separate cycle. In this case, the "width is increased by multiplying the width by a ratio for each quarter turn". The starting point is key and should be a significant point among all data points.
It is shown here along with a Fib Circle and a Simple Forecast Fork to show the relevancy of the indicator. Most traders use the prior high as a significant data point and mark the angle to estimate where the next top might be. This is what is shown using the forecast tool as a comparison. Both targets have an eerily similarity, coinciding with the third ring of the Fib Circle, a common destination for even a relatively decent performing asset.
Most reference material will describe and define the Fib spiral tool in its ability to "emphasize certain points on the spiral are strong indicators of crucial market events such as levels of support and resistance". (Reference: patternswizard.com)
The referenced source noted above further states that "advocates of the advantages of the Fib spiral iterate that it identifies critical price and time targets rather than simply relying on simple price levels". When measured in conjunction with simple price levels, we have a validated methodology for estimating with relative accuracy where the most significant data points will occur or manifest.
Lastly, I will note, as the prior source also indicates, "the exact method of the calculation of the Fib spiral has been a secret". If it ends up coming to pass I will take responsibility for this post at the top of the bull market. Until then, best of luck! This is not investment advice but only a learning exercise!
Im Bullish on $ALISpot Entry:
0.01339 - 0.01227 - 0.01155
Invalid UNDER :
0.01155
I am very bullish on ALI, because one of ETH's coins is still low cap.
ALIUSDT is close to a big pumpHello everyone,
All AI projects have gained significant profit. Ali is starting to follow others.
Technically, it's supported by the daily pivot, so it can rise to the next resistance areas. More than 100% growth is on the way.
Artificial Liquid Intelligence (ALI)Artificial Liquid Intelligence is somewhat of a new AI project, with respect to other well-known artificial intelligence projects. Anyway, it seems ALI is about to repeat its previous move; a descending wave followed by price breaking the curved downtrend line, then a sharp upward move. Let's see if ALI repeats this or not.
ALI trendline break upside2 targets one 18% one @ 60% we have a breakout of the daily trendline we may retest after that though target one should come easy
The future of Alethea currencyThe near future that can be imagined for Alethea. After leaving the top of the channel, it is possible to hope to get high prices
ALI on bearish scenario. ALI, possibly 5th wave is already done. We might see ABC correction or head and shoulders pattern. Let's see if it will reach the neck line.
