Alice
ALICEUSDT 4H long setup; Retest of broken desc parallel channelTA explained
ALICE broke out of the descending parallel channel. Currently in a pullback. A retest of the W-neckline can be expected and the entry zone is positioned between the 0.5 and 0.786 fib levels of the latest impulsive move.
Trade setup
Best entries: 12.910 - 13.758
TP1: 15.181
TP2: 17.477
TP3: 20.645
SL: 12.023
RR: 5.61
Max leverage: 2x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
Bullish Reversal (Head & Shoulders) For CHRUSD (Chromia)A Head & Shoulders is starting to play out on 4H TF on CHRUSD. The H&S pattern is yet to be validated when price closes above the neckline.
Head& Shoulders are one of the most profitable patterns in markets!
Chromia has a relatively small market cap of $170 million at the time of writing.
Technical insight:
On the Daily TF you can see the big move was accompanied with big volume .
CHR is getting attention of bulls, however price is currently testing somewhat resistance.
Resistance looks weak comparing it with the pump:
Good pump with good volume. Looking at the overall volume in this market, the majority is buying despite the recent big drop.
Small Fundamental insight:
Chromia is a blockchain for building dApps & to create NFTs.
Blockchains with support for NFT development have been exploding recent weeks, now they're consolidating, which is a good sign.
Maybe you know the token ALICE ?
The token got listed on Binance and skyrocketed 25.000% (!) on its listing which created alot of attention around this token.
The reason I mention ALICE is that it is built using the Chromia platform.
It is a multiplayer blockchain builder game, where anyone can buy and own virtual islands and collect exciting items in the form of NFTs.
ALICE has a market cap of $270 million at the time of writing and I see Chromia growing towards that direction, which would be an increase of around 58%.
Feel free to add any suggestions/feedback!
🔥 ALICE Triangle Break OutAfter a tumultuous first week after listing, where ALICE saw huge volatility, it appears that ALICE is slowly recovering and making its way up.
on the chart I've found a clear triangle which the price has been following. Since this morning, ALICE appears to have broken out from this triangle, potentially starting a new bullish period.
Since the volatility for this coin has been huge in the recent past, I'm expecting a lot of strong gains for this asset, assuming the new bull-run will start. We might target $30 or so.
Happy trading!
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.
ALICEUSDT My Neighbor AliceLOADING... PLEASE WAIT.
The charming farm and builder game, introducing blockchain to millions of players
My Neighbor Alice is a multiplayer builder game, where anyone can buy and own virtual islands, collect and build exciting items and meet new friends.
Inspired by successful games such as Animal Crossing, the game combines the best of the two worlds - a fun narrative for regular players who want to enjoy the gameplay experience as well as an ecosystem for players who want to collect and trade NFT:s, even if they have no idea what an NFT is.
Alice Is on a Triangle and is likely to break support/resistanceHi guys I just want to share with you my anlyasis on Alice token, which is now on a consolidation that forms a triangle and is coming to break some sort of support or resitance.
Watch closely guys as it is about to happen. Thank you and God Bless..