ALICE breakout descending trendline started at the end of AUG
riding on support trendline started at the end of Sep
2 times already was rejected from horizontal resistance at 15,3 and it will be a first serious test if ALICE break up, getting above it and we could see serious move up
now bouncing between support found on 11,26 and resistance at 12,7
- On monthly, Alice has failed to break out of the descending channel.
- Flip of previous resistance to a demand zone is healthy to break out and confirm Cup and Handle.
- Green trendline might reject the breakout again as it has done previously with the Inverse HNS completion. Good 75% TP zone.
- Upon completion - Final...
Here's a quick Look at ALICE daily chart. As we can see, the price has been forming a bigger falling wedge and we could see a break to the upside soon! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
The idea is: Buy the breakout...
nothing to add more but
we structuring C wave of the sec wave.
Touching 11.20$ will have us recounting≈analysis fails
SL of this trade is 10.47 still.
Targets been set already on previous posts
gud entry point.
I'd rather think we will finish this correction with $btc atm and they will go to their targets same time.
hey yall ! ( read the description !!!)
so here we are with ALICE , it is making an inverse head and shoulders pattern . we have a strong resistance line on the way , it's from the ATH . target is also shown in the chart .
BUT , the pattern is not confirmed yet . WHEN should we get in ? WHAT is our confirmation here ?
wait for the price to get to the neckline ....
#ALICE 4H ANALYSIS
Depending on the movement channel as well as the correction made, the price can be expected to rise to at least $ 37.
The upside of this uptrend is around $ 10.5.
A very important point about this loss limit is that if the loss limit is activated, we will have an approved head and shoulder pattern that can lead to a price drop to the range of $ 5.5-7.5.
Welcome to my once a week commentary in English.
Today I will be talking about BTC, ETH, ALICE, ICP, DOGE and ADA.
My trading strategy is based on a combination of Harmonics and simple trendlines.
Hope you all find my commentray useful.
Good luck and good trading!
It took only two weeks for the price of the AliceUSDT pair to fully work out the previous idea
First, the Alice price fell into the buy zone of $3.80-4.60 , making a -50% maneuver.
And then a miracle happened)
Growth from $4 to $15 per week,...