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.
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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 coul
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,
$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
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
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy