It is very important that we pay attention to ALPHA. Before we dive into this ALT, i will want you guys to take a look on what is happening on BTC. As we can see, there is a strong accumulation on the BTCUSDT (Technically SPeaking). And basically after an accumulation, it is always followed by moves to the UPSIDE. And we all know that, due to the BTC Dominance, anytime BTC goes up, alts tend to follow the move. That is one of the major reason why i want you guys to pay attention to ALPHA.
Technically speaking, the market is looking for a liquid Zone. We have everything that is ready. As we can see in the chart, we have 2 QMLs, 2R and some liquid Zones (Orange and the Green). The Green Zone i bet is going to be more powerfull Because, if we go to the past, it is an area of Support, so yes it has more power. As usual we are going to be reactif and predictif. Before we start launching BUYs, we need to see some signs of rejection or bullish patterns in any of the zones (you can confirm with either stch or CCI indicator). our Target is going to be The safe target.
N.B: Do not trade indicators. Always use them as a confirmation after you technical analysis. No not trade the trend, but the market structure. Make sure to use a good risk management while taking your trades
Technically speaking, the market is looking for a liquid Zone. We have everything that is ready. As we can see in the chart, we have 2 QMLs, 2R and some liquid Zones (Orange and the Green). The Green Zone i bet is going to be more powerfull Because, if we go to the past, it is an area of Support, so yes it has more power. As usual we are going to be reactif and predictif. Before we start launching BUYs, we need to see some signs of rejection or bullish patterns in any of the zones (you can confirm with either stch or CCI indicator). our Target is going to be The safe target.
N.B: Do not trade indicators. Always use them as a confirmation after you technical analysis. No not trade the trend, but the market structure. Make sure to use a good risk management while taking your trades