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FieryTrading
Apr 1, 2024 5:49 PM

🔥 ALT Bullish Channel Signal: Patience! Long

ALT / TetherUSBinance

Description

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In this analysis I want to take a closer look at ALT and the bullish channel it appears to be trading in.

To maximize potential gains (and chances for a bullish reversal), I'm going to wait for the price to reach the bottom support. If BTC reverses in the near future it might be the case that the entry won't be hit, which is fine.

Entry is placed at 0.52 for now, but will be around the bottom support when it's reached.
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