ALICEUSDT.P trade ideas
ALICEUSDT - LongAfter putting a top around 23.90 Alice quickly came under aggressive profit taking. It is now breaching the falling wedge which is likely to halt bearish pressure and call upon some higher levels.
The major hurdle is likely to be around 11.80. However closing above and strong holding this region would invite buying interest that can take on next levels around 15 followed by 20. One can look to enter on any re-test of the lower zone or stronghold above 11.80 with SL below 9.30
ALICE USDT LONG BUY NOW #ALICE USDT Update:
$ALICE currently trading at $10.50
And $12.99 is the next resistance.
So what now..?
ALICE touched the long-time trend line so we expect a good pump in the chart(30%-100%), MACD shows that the power of buyers is increasing.
If ALICE breaks the $7.67 support level then ALICE is entered in a bearish zone.
SIGNAL:
margin- future -leverage:2
OR
spot
risk /reward ratio: 4.22
Buy and sell step by step
entry prices : (10.50$____10.21$____8.74$)
targets : (12.99$____14.71 $_____21.6$)
SL:7.67$
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good luck :)
ALICEUSDT | Long/buyMy Argument
1. Correction Wave 5 is over.
2. divergence will happen on RSI For near future,
3. Golden area of Fibonacci
4. Wait until the candle break resistance trendline
for me, I think I will entry on the reversal area with small size and then when everything becomes clear I will increase my size.
two type entry position
Small pleasures?🔵The blue line is the entry price (enter a little late)
🟢the green line is the target (do not forget to collect profit)
🔴The red line is the loss limit (do not forget capital management)
⚫️The black line is the probable path (it may not be)
⚠️Have capital management
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If you have a comment, leave it in the comments.
💰Be in profit💰
Alice TradeALICE/USDT Pair is being traded on CEX derivative exchanges such as Binance, KuCoin, BYbit etc.
Trade Entry is because: (1)There is a continuous move od the downtrend due to BTC dump following FUDs from:
Evergrande, Chinese News FUDs, amongst others,
(2) The downward move most likely will mitigate the previous support turned resistant at the 8.5- 8.5 levels before experiencing a rebound to the upside as we enter October.
(3) There was previously a wick rejection at that zone some times ago, thus forming a key level to consider for a LONG entry.
(4) Major indicators such as RSI, BOLL, EMA, MACD will signify an oversell, with a need for the BULLS to enter the market to sustain its healthy state.
Form a Double-bottom and pull back to its line and start raisingForm a Double-bottom and pull back to its line and start raising the price to the $ 12.8 area. Significant resistance of prz is felt in this area. This is the resistance of the double-bottom target and the descending channel ceiling. If the channel fails, I will retreat and try again and enter it again.