ALICEUSDT is testing the resistance after a nice breakout from the descending channel . IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily...
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...
Spotted descending broadening wedge formation which already shown the way upward. The pattern target is given on the chart with potential safe entry zone.
Make sure to follow the suggested BUY zone on the chart and always respect the given stop level.
nice chart, i like it, i think i buy one step here, then wait for the breaking to buy all.
i'm not sure that the last correction is Triangle or Zigzag (my scenario is based on triangle on chart) but if it be Zigzag we'll see lower price on Alice (that's because of wave counting)
have a nice day
While the altcoin market is red, it doesn't make much sense to watch the price.
I tried analyzing time frames and price movements to forecast Alice. One of my favorite altcoins!
During the course of the price, there may be a trend to continue or reverse. However, prices still tend to repeat the story of the past.
So I try to imagine the price path in Q4.