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ALCX / TetherUS
Long
Updated

Alchemix (ALCX)

2 876
On the above 4-day chart price action has corrected by 95% since a sell signal printed. Today is great long opportunity. Why?

1) RSI and price action resistance breakouts.

2) Multiple oscillators print bullish divergence. Look left.

3) Price action prints on support. Look left.

Is it possible price action falls further? Sure.
Is it probable? No.

Ww


Type: trade
Risk: <=6% of portfolio
Timeframe: Now, don’t sit on your hands.
Return: don’t know. 2 years ago it was 2k per token.
Trade active
Note
Excellent moment
Note
on support
Note
support confirmed
Note
On support, seems like a safe entry point.


snapshot
Note
Safe entry point confirmed.
Trade active
GRM support confirmed.
without_worries
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
Also on:
Multiple Time Frame AnalysisOscillatorsSupport and Resistance

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.
Multiple Time Frame AnalysisOscillatorsSupport and Resistance
without_worries
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
Also on:

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.