ALCHUSTDSell and take profit of 1:2, The trend is down and we expect to fall, and all crypto is in down trend today
ALCHUSDT.P trade ideas
ALCH Looks Bearish (8H)ALCH is one of the altcoins that began its bullish rally earlier than others.
From the point where we placed the green arrow on the chart, it appears that an ABC correction has completed.
As long as the red box is maintained, price may move toward the FVG zone.
Targets are marked on the chart.
Additionally, a liquidity pool is forming below the candles, which is expected to be swept soon
A daily candle closing above the invalidation level would invalidate this bearish outlook.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ALCHUSDT gives you the opportunity to buy cheap
Compared to BTC, the ALCH coin is stronger. The price is rising while bitcoin is falling and this gives us an advantage: big money is interested in ALCH.
The coin has been in consolidation for the last few days. The zone of interest from D1 0.1786 is not yet reached. A false break of support could change the liquidity imbalance to a buyer's side, which would allow for continued growth
Scenario:
Trading range amid bullish trend. Price is testing the support. Possible false breakdown of 0.1321 support (technical pullback or correction) before continuing growth. In our case, the entry will be on the trend, and at favorable market conditions.
ALCHUSDT → Rally to the liquidity zone. False breakout?BINANCE:ALCHUSDT.P is one of not many coins that looks strong amid the bearish cryptocurrency market. But how long will this energy last? There is strong resistance ahead....
A local pre-breakdown consolidation relative to the intraday level is forming. In general, this is the state of the market, ready to continue its growth within the distribution.
Thus, the breakout of 0.1590 resistance will provoke the continuation of growth up to the liquidity zone at 0.177. But already at 0.177, due to the fact that it is an important and strong intermediate resistance level, we should expect a false breakout and a pullback, for example, to 0.159 or 0.5 fibo.
Resistance levels: 0.159, 0.177, 0.23
Support levels: 0.1516, 0.5 fibo
The distribution is already 53% since the breakout of the consolidation resistance. By the time the resistance is approached, it will be 77% and the market may use up all the accumulated potential, so liquidity above 0.177 is likely to stop the upward rally and turn the coin down.
Regards R. Linda!
ALCH GONNA DOWNConsidering this asset on different TFs, I take a closer look at the short position with RR2.
For me personally, the use of long stops on this asset is safe.
That's why I'm waiting for a limit order.
$ALCH/USDT trading setupLong Setup:
Entry: If price breaks and closes above the resistance zone (~0.078 USDT).
Stop-Loss: Below recent swing low (~0.058 USDT).
Take Profit:
TP1: 0.09 USDT (previous minor resistance)
TP2: 0.11 USDT (next significant resistance)
Confirmation: Look for increased volume and strong bullish candles above resistance.
Short Setup:
Entry: If price gets rejected at resistance (~0.078 USDT) and shows bearish confirmation.
Stop-Loss: Above resistance (~0.083 USDT).
Take Profit:
TP1: 0.055 USDT (recent support)
TP2: 0.045 USDT (lower support)
Confirmation: Look for bearish engulfing candles or wicks rejecting higher prices.
Bearish Opportunity in ALCH (Binance Futures)1. We have price repricing from the 75% fib area
2. We have key pd array as the H1 OB-
3. We have draws as the OB- at extreme discount
4. We have CISD confirming orderflow
5. We have a turtlesoup confirming liq grab
Alternative scenario,
price can hold at 0.05519 and continue higher
SHORT POSITION ALCH🚨 Crypto Market Cheat Sheet
Bitcoin Boom
↓
Memecoins Boom
↓
Bitcoin Dump
↓
Memecoins Die
↓
Correction ---> (We are here)
↓
Bitcoin Boom (Again)
↓
DeFi Boom
↓
Everything Dumps
↓
Beginning of New 4-Year Cycle
ALCH superALCH after our Buy print there is no looking back. With BTC and all alts down, our indicator caught the right coin at the right time.
For indicator access, you can message me.
DYOR
ALCHTrying to understand how this project works, technically the most possible scenario for an reversal price should be as i have marked, so lets wait for tomorrow afternoon to see if it will change direction.
NFA
DYOR
$ALCH - Go go longALCH is one of the most powerful AI x Crypto Project,
Entry: CMP
Exit: 10X from the Entry!
The project will give the best results.
ALCH/USDT… take a good look at this chart. This coin has been in a downward trend which is trying to make a change of character… we will wait ti see how it react and look for breakout for a clear confirmation
Breaking: ALCH Surges 34% on Binance Futures ListingThe cryptocurrency market has witnessed a significant boost in activity following Binance Futures’ recent announcement of perpetual contracts for ALCH, COOKIE, and SWARM. Among these, $ALCH has captured the spotlight, surging by 34% in response to the listing. This development marks a pivotal moment for the token, which has shown potential for sustained bullish momentum.
Binance Futures Listing
On January 7, Binance Futures launched USD-margined perpetual contracts for ALCH, COOKIE, and SWARM, with up to 75x leverage. ALCH’s listing, scheduled for 11:45 UTC, has amplified its market visibility and attracted a surge of interest from traders and investors alike. The listing is part of Binance’s strategy to support market growth and enhance trading opportunities for these assets.
The increased visibility has driven $ALCH’s price to $0.22, up nearly 35% today, with a 24-hour high of $0.222. The token’s performance underscores the influence of Binance’s colossal user base and the growing demand for leveraged trading opportunities.
Whale Activity and Market Sentiment
Recent whale movements have added another layer of intrigue to the market. Data from Lookonchain reveals that significant buying and selling activity has surrounded these tokens, particularly SWARM. While one whale offloaded 4.5 million tokens following the listing announcement, another was observed purchasing substantial amounts. Although this activity has raised some uncertainty, it has not deterred bullish sentiment for $ALCH.
Technical Analysis
From a technical perspective, $ALCH is currently trading within a bullish trend, supported by an RSI of 70, signaling an overbought condition. However, for $ALCH, this often translates to a continued surge, with the potential to break past its all-time high and 1-month high resistance levels.
The price chart exhibits a classic consolidation pattern within a rectangular zone over the past month. The token is now on the verge of breaking above its resistance point, which could trigger a bullish breakout. If $ALCH surpasses this pivot level, it may enter an extended bullish stint, potentially setting new price records.
In the event of a correction, $ALCH could retrace to the lower baseline of the consolidation zone. This level, however, would serve as a critical entry point for investors and traders seeking to capitalize on future gains.
A Promising Future
The fundamentals of $ALCH have also contributed to its recent success. As one of the tokens supported by Binance Futures, $ALCH benefits from enhanced liquidity and exposure to a broader audience. The introduction of perpetual contracts not only facilitates diverse trading strategies but also reinforces the token’s utility and appeal.
Binance’s track record of supporting tokens like DOGE, SHIB, and PEPE has instilled confidence in $ALCH’s long-term prospects. Market participants are optimistic that $ALCH will follow a similar trajectory, potentially achieving further price gains and cementing its position in the market.
Conclusion
The Binance Futures listing has positioned $ALCH for significant growth, as evidenced by its 34% surge. With a strong technical setup and robust fundamental support, the token is poised to break past its resistance levels and achieve new highs. However, investors should remain vigilant for potential corrections, which could present lucrative entry opportunities.
As $ALCH continues to gain traction, its future performance will likely depend on market conditions, trading activity, and broader industry developments. For now, $ALCH remains a token to watch, with the potential to deliver substantial returns for investors.
Alchemist AI Beautiful chart!
Tradingview chat here doesn't how the price movement from the inception of this project, but the price went up initially to 0.08 area and had a major correction. The price retraced to Fib 0.786 at $0.03, and started to move up. Many meme type crypto goes through massive correction and if the project and community is strong, it comes back up strongly. This chart shows such trend. The price went up to Fib 0.382, moved back down to Fib 0.618. As I said in other chart analysis , I like the price to bounce up and down and up and down between key Fib levels. The price finally went above Fib 0.5 level which is the very first all time high in Dec 2nd and closed above the line. MACD, Stochastic and RSI all show clear bull signals. If you are interested in trading, the entry is ideally around 0.08 or below 0.09. Stop loss is 0.055 and initial profit target 0.122 (because the price often struggles to move beyond Fib 0.236 - final line of defence for bear), but 0.1622 is a good profit target level.
