Aliceusd dailyin this chart we can see the weaakness in uptrend and blockage the bull by static resistance and top side of price channel, so downtrend is more possible and after getting more energy the next uptrend can bee predicted.....
ALICEBUSD
ALICE/USDT (Testing Daily Resistance Area)💎Technical Analysis Summary💎
ALICE/USDT
-The daily resistance level is being tested
-If ALICE can hold above the resistance area
-And form any bullish continuation pattern
-The Fib extensions are the potential upside targets
-Since this is an ATH gameplay the sky is full of potentials
-Good luck everyone and please manage your risk
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ALICEBUSD (ALICE) - BULLISH SETUP ANALYSIS 🔎
- There's a potential formation of the bullish inverse head and shoulders (IH&S) pattern.
- Price hit a swing high and retraced (right shoulder formation).
- Price is testing the horizontal support level (S1) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- The minor retracement at the right shoulder is resisted by the descending trendline resistance.
- Breakout above the descending trendline resistance could lead to the test of inverse head and shoulders neckline resistance (complete formation of the inverse head and shoulders pattern).
- Further breakout above the inverse head and shoulders neckline resistance could be a bullish confirmation.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance.
- Retest of the descending trendline resistance after the breakout.
TARGETS 🎯
- Horizontal resistance level (R1).
- Neckline resistance (NR).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Initial invalidation : breakdown below 0.786 fibonacci retracement level.
- Final invalidation : breakdown below previous swing low horizontal support level (S2).
ALICEBUSD (ALICE) - BULLISH SETUP ANALYSIS 🔎
- ALICEBUSD brokeout above the double bottom (DB) neckline resistance (NR).
- The market hit a swing high and retraced.
- Price is retesting the neckline resistance (NR) and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There is a relatively high concentration of buyers at the retest zone (High buying pressure).
- The retracement is resisted by the descending trendline resistance (DTR).
- A breakout above the descending trendline resistance (DTR) could be a bullish signal.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance (DTR).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
ALICEBUSD (ALICE) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- ALICEBUSD brokeout above the double bottom (DB) neckline resistance (NR).
- The market hit a swing high and retraced.
- Price is retesting the neckline resistance (NR) and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There is a relatively high concentration of buyers at the retest zone (High buying pressure).
- The retracement is resisted by the descending trendline resistance (DTR).
- A breakout above the descending trendline resistance (DTR) could be a bullish signal.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance (DTR) and the horizontal resistance level (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
ALICE/BUSD BINANCEALICE/BUSD BINANCE
30' hollow candlesticks.
After Binance Launchpad public token sale a huge dump followed.
Still too early for TA, but there are a few things to say about this project.
We have a strong support level of 13$.
The bar pattern shows possible movement for the next hours.
Multiple support and resistance levels shown as horizontal lines.
High volume.
At the current price, we have a nice entry point, with huge potential.
MyNeighborAlice Price (ALICE) = $13.64 -10.39%
0.0002379 BTC7.21%
0.007621 ETH6.95%
Good Luck
CryptoHellas Team