ALICE ALICEUSDT -Fib and Trend line based analysis, 70% T/P LONG
ALICE ALICEUSDT -Fib and Trend line based analysis, 70% T/P LONG
This analysis is based on a fact the down trend has ended and we have just started a raising trend if a trend line is not broken and price goes below the shaded area shown in a light red. Using the Fibonacci trend based extension the level of T/P 3 shows the end of the rising trend around 70% from today, T/P 1 and T/P 2 are the high resistance levels where some of the profits can be realised.
This is just and idea not a trading advise, always protect the capital with a s/l that you can handle without loosing your mind :D
This analysis is based on a fact the down trend has ended and we have just started a raising trend if a trend line is not broken and price goes below the shaded area shown in a light red. Using the Fibonacci trend based extension the level of T/P 3 shows the end of the rising trend around 70% from today, T/P 1 and T/P 2 are the high resistance levels where some of the profits can be realised.
This is just and idea not a trading advise, always protect the capital with a s/l that you can handle without loosing your mind :D
Trade closed: stop reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.