- Recently listed by Binance
- Already listed on Coinbase
- Downtrend line approaching
- High volume
- Good growth expectations following fibonacci retracement
- Keep an eye out or buy the deep
- Not financial advice
ALCXUSDT trade will move up 230% Fib level as first target. But after hitting first target of the ALCX, trade will be in accumulated area (hovering around 161% fib level and 230% fib level). You can expect good boost after crossing the accumulation period.
$ALCX is a coin that didn't increase as much as others, now price is below a resistance zone and struggle to break it, but before that it is possible to decrease and touch the support zone, then start a rally to weekly resistance zone that it is 80% - 100% profit.
long term target can be around $1100. (200%)
On the above 2-day chart price action has collapsed a massive 90% since mid-April. Since then a ‘incredible buy’ and ‘great buy’ signals have appeared. Numerous reasons now exist to be bullish, including:
1) Price action resistance breakout.
2) Regular bullish divergence. Lower lows have been printing with higher lows in RSI. Six oscillators are now showing...
I hodl both and wanted to understand if one was moving faster than the other. Using ratios, I can see ALCX is outpacing 1INCH in price increases.
Market cap of ALCX is much lower 250 million vs 1billion roughly at time of writing, ALCX supply is lower as well 564,595 total circulating ALCX VS 380,884,858 1inch so no wonder it's moving faster.
This also means...
we've seen many project of Ethereum recovery from the last week. Then pull back might coming soon don't miss the bus.
I recommend buy area around 280-300 after the pull back and tp would be 1.618 ($480) and the next target would be 4.236($820)
risk/reward 4.33 and 11
just my idea, trade with your strategies.