ALICE/USDT : Targeting +$50 by Breaking the BOX !

2021年11月23日

ALICEUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !

#ALICE has moved nicely above it's recent broken dynamics and it just reached the Darvas Box's high.
📚 I have 3 factors that makes #ALICE to surge above $30 or even $60 :
- Moving in a Darvas Box
- Bullish Head & Shoulders formed
- Broke above the bearish trendline and found support

- Moving in a Darvas Box, Any breakout will guarantee the $60's target :
As you can see on the chart, The bearish Darvas Box has formed and the it's targeting for the lower low on the chart.
But on the most of the times; Box gets broken from above it's just created the new high !
We experienced the same on SLP, SHIBA and ALGO, All of the have the same pattern and we saw that how SHIBA plays with it after the breakout.
I'm expecting the same for #ALICE and with the bullish channel it just formed on the RSI, It's won't be far from the breakout.
However we reached the higher trendline on channel and it can lead the price to the lower support level to gain more bullish momentum !

- Bullish & Shoulders formed, Targeting $36.83 :

The depth of the Inverse Head & Shoulders is targeting $36.83 as minimum target which is able to give us +80% profit in total !
We might see the accumulation above $20.00 and retest it as a confirmation on the breakout, However we can surge the highs from current point too.
So we'll zoom in for micro view 👇🏼

- Broke above the bearish trendline and found support, Surges 47% already and reached the resistance :

On lower Time-Frames we're able to see the 8H's order block, Which is formed on 15th.March, Currently it's rejecting the pair and it can be a forced dive into the local S/R zone or the FIB retracement's level !
Based on technical, We have two reversal points if we get rejected from here :
- $19.68 as FIB's level
- $17.57 as 4H's broken supply zone which is turned into local S/R zone currently !
Also we have $15.66 S/R line as bullish breaker in daily time-frame.


🔴 Beside of the given information about bullish factors, We have to be cautious of the BTC exchange Whale Ratio(72h MA).
This indicates the top 10 deposits take 91% of the deposit volume across all exchanges in the hourly timeframe.
If we take into the BTC's 1H time-frame chart, We can see the broken bearish pennant that targeting 53K or lower in short-term !

Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
Helical_Trades