Precarious Price Action on Alice, be cautious!
- On monthly, Alice has failed to break out of the descending channel.
- Flip of previous resistance to a demand zone is healthy to break out and confirm Cup and Handle.
- Green trendline might reject the breakout again as it has done previously with the Inverse HNS completion. Good 75% TP zone.
- Upon completion - Final TP is still at $44.5. Monitor BTC.D.
- BTC.D is on the verge of breaking out and money might flow back to BTC from Alts.
Trade geschlossen: Ziel wurde erreicht:
Nice!
Kommentar:
Called fractal rejection at $27, hope you took profit.
