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ALICE / TetherUS

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ALICEUSDT trade ideas

ALICE — Bearish MACD Crossover + Bear FlagALICE has flashed a bearish MACD crossover on the hourly chart. Based on backtests, the signal is highly reliable for achieving 2% gains. However, when looking at the chart, ALICE is trading in a bear flag. Therefore, if we see a break of the lower boundary, the price could go much lower since the next resistance is at ~1.05. Therefore, it might be good to wait for a break to the downside before entering a trade. Nevertheless, all signs signal more downside potential. Let me know your thoughts.
Short
by ben_walther
Alikze »» ALICE | Pullback to broken structureIn the daily and weekly time, it has been moving in a descending channel, after the bottom formation in the 0.64 area, a motivational wave has started, which is now facing selling pressure in the supply area after the sub-swing break. 🔰 Therefore, this correction can be a pullback to the green box area, which can face demand in the green box area and continue the upward trend until the next supply area. ⚠️ In addition, if the green box area is broken, the correction can continue until the specified area, which will be a little difficult to continue the upward path. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
ALICE/USDT It shows a bouncing from the support, bullish moment!💎 Paradisers, #ALICE is indeed a coin worth monitoring closely. 💎 Currently positioned at a critical support area, ALICE needs to bounce from this level to sustain its upward momentum. A successful bounce could potentially lead to a test of the resistance of the descending pattern. 💎 Breaking above this pattern would signify a bullish reversal and continuation of the upward movement, possibly towards the resistance around the 1.65 level area. 💎 However, if ALICE fails to break above the resistance and experiences rejection, there's a risk of the price falling back towards the support area. Continued touches on the support may weaken its effectiveness over time, signaling potential bearish pressure. 💎 Should ALICE fail to bounce from the support area and instead break below it, there's a possibility of further downward movement. In such a scenario, the next area of interest would be the demand area, which could offer support around the 1.1 level. 💎 The bullish invalidation scenario would occur if ALICE fails to bounce from the demand area and confirms a daily candle close below it. This would indicate a shift towards bearish sentiment and could result in further price declines. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan