Altlayer (ALT) 80% Bullflag extension
On the above chart price action has corrected 30% since late September. A number of reasons now favour a long position, including:
1) Price action and RSI resistance breakouts.
2) Trend reversal. Higher highs higher lows.
3) Support on past resistance. (yellow arrows).
4) The bull flag confirmation forecasts an 80% impulsive move.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: high
Timeframe to long: this week
Return: 80%
1) Price action and RSI resistance breakouts.
2) Trend reversal. Higher highs higher lows.
3) Support on past resistance. (yellow arrows).
4) The bull flag confirmation forecasts an 80% impulsive move.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: high
Timeframe to long: this week
Return: 80%
Trade ativo
Past resistance confirms support.Nota
Time for action.. will emotion allow?
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.