Alice 12h Continued growth — difficult, but possible

2 set 2021

The $22.50-23.50 selling zone from our previous Aliceusdt idea has fully worked out.

But if you look at it, you will see that according to our idea, the price of Aliceusdt did not reach the previously expected buying zone. It's true, but we followed this pair, and we saw the strength and the stubbornness of the buyers, who wanted to drive the price Alice up without a deep correction. Therefore, we took a long position right before the strong move of the Aliceusd price upwards.
You can read more about the trade and the logic of entry in the statistics of our 2-year Trade Marathon, which we periodically publish here.

Now you can see on the Aliceusd chart that there are still buyers who are willing to hold the Alice price and push it up.
The main condition is to keep the price above $16.50 and then there will be a very high chance of doubling it to the $33 area.

If this scenario works out, of course, that it will be necessary to analyze the crypto market situation in more detail again. But preliminary, our assumption is that in further, Aliceusdt price may start a thorough correction to the area of $8.50.
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8 nov 2021

Trade chiuso: obiettivo raggiunto