Alchemix (ALCX)

On the above 4-day chart price action has corrected by 95% since a sell signal printed. Today is great long opportunity. Why?

1) RSI and price action resistance breakouts.

2) Multiple oscillators print bullish divergence. Look left.

3) Price action prints on support. Look left.

Is it possible price action falls further? Sure.
Is it probable? No.

Ww


Type: trade
Risk: <=6% of portfolio
Timeframe: Now, don’t sit on your hands.
Return: don’t know. 2 years ago it was 2k per token.

Trade active

Comment:

Excellent moment

Comment:

on support

Comment:

support confirmed

Comment:

On support, seems like a safe entry point.

Comment:

Safe entry point confirmed.

Trade active:

GRM support confirmed.