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misterkaye
Jul 31, 2021 9:30 PM

My Neighbour Alice's Bullish Channel 🌸 Long

ALICE / TetherUSBinance

Description

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Alice is consolidating within a parallel channel structure. If this channel continues, then I'm expecting Alice progress further up the channel, with an upper target being in the $18 area.

Also the 4H RSI has double bottomed in he oversold territory, which re-affirms a move up the channel is more likely at this point.

Please like and follow if you found this idea helpful. - Thanks! 🤑

NFA & Please DYOR!
Comments
Hamed6x6
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Good idea , but I will not pay to her more than 7-9$ any more 😎
chammar
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it is already going bearish broken the 12.8 support level down to 12.36
johnsammyeke19684
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Is it advisable to buy now?
JohnTraden
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@johnsammyeke19684, Whoa whoa whoa. Don't be using the A word here please. Alice looks like it has broken the ascending channel and will head down
akosumagnus
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@JohnTraden, Hoping for great pump soon.
JohnTraden
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@akosumagnus, Why's that? Alice looks like a head and shoulder on the 1 day
JohnTraden
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@akosumagnus, Head and shoulder against USD and BTC. Both charts. I think we're headed down for a retest of the descending channel to confirm the break out
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