ALTUSDT.P trade ideas
ALT LONGThe coin is in the accumulation stage. We are taking spot positions with limit sell orders.
AltLayer is an open and decentralized protocol for rollups. AltLayer brings together a novel idea of Restaked Rollups which takes rollups (spun from any rollup stack such as OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.) and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality by leveraging restaking mechanism.
ALT Slips 1% as It Drops Out of a Bullish ChannelThe AltLayer price recently broke out of a short-term bullish price channel. As a result, ALT is testing the key support level at $0.33965. Should it close a 4-hour candle below this significant price point in the next 24 hours, it could be at risk of falling to the subsequent support level at $0.32520 in the next couple of days. Continued sell pressure at this point could put the crypto at risk of falling back into the consolidation channel between $0.29395 and $0.32520.
This bearish thesis may be invalidated if the AltLayer price closes 2 consecutive 4-hour candles above $0.33965 in the next 24 hours. In this alternative scenario, ALT could attempt to challenge the $0.35675 in the short term.
Technical indicators on ALT’s 4-hour chart suggest the AltLayer price may undergo a brief correction in the next 48 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators are flagging bearish.
The MACD line is dropping towards the MACD Signal line. This may be an early indication of ALT’s bullish trend undergoing a bearish reversal. In addition to this, the RSI is closing in on the Simple Moving Average (SMA) line. Traders generally identify this as a sign that buyers are losing their strength against sellers. An intersection between these two lines will trigger a significant bearish technical flag, which could indicate that bears have gained the upper hand against bulls on ALT’s 4-hour chart.
ALT Attempts Recovery but Will Need to Overcome Obstacles FirstBINANCE:ALTUSDT has started the day on a good note and printed a couple of higher highs and higher lows over the past 24 hours, resulting in the formation of a bullish price channel. Should this positive momentum continue, ALT may soon break above the $0.32520 resistance level. This will subsequently result in the crypto exiting the consolidation channel between $0.29395 and $0.32520 it has been trading in for the past couple of days.
Rising out of this sideways channel could give the AltLayer price the foundation needed to rise to the subsequent barrier at $0.33965 in the following 24 hours. A 4-hour candle close above this significant price point may then lead to ALT continuing its climb to potentially reach as high as $0.35675. This bullish thesis may be invalidated if ALT breaks below the positive price channel that has recently formed. In this alternative scenario, the crypto could fall to $0.29395.
ALT May Drop Soon
Technical indicators on ALT’s 4-hour chart suggest the AltLayer price may correct in the next 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators are flagging bearish. The gradient of the MACD Histogram is negative, which may be an early sign that ALT will enter into a negative cycle soon.
In addition to this, the RSI line is looking to cross below the Simple Moving Average (SMA) line. An intersection of these two lines will trigger a significant bearish technical flag. This may then signal that sellers have gained an upper hand against buyers. As a result, it would subsequently be easier for bears to pull ALT down in the next few days than it will be for bulls to boost it during the same period.
ALT newly airdroped shiny coin, a risky betHello fellow gambler, I think we are going to $0.49. Holding my long from 0.34$. I know I know its dangerous for such a new airdroped coin, but market is just too hot right now. Everything new coin is growing like hell, then dump.
many people got $300-$50k worth of NASDAQ:ALT , its literaly free money, I just got 162,402 NASDAQ:ALT about $50k dumped at $0.31 cents.
Can’t wait till a few other projects drop that i have farmed with hundreds of accounts.
How to check ✔️
1️⃣Go to airdrop.altlayer.mobi
2️⃣Input your address to check
NASDAQ:ALT CRYPTOCAP:BTC CRYPTOCAP:ETH
AltLayer bull run continueHello fellow gambler, I think we are going to $0.49. Holding my long from 0.34$. I know I know its dangerous for such a new airdroped coin, but market is just too hot right now. Everything new coin is growing like hell, then dump.
many people got $300-$50k worth of
NASDAQ:ALT , its literaly free money, I just got 162,402
NASDAQ:ALT
about $50k dumped at $0.31 cents.
Can’t wait till a few other projects drop that i have farmed with hundreds of accounts.
How to check ✔️
1️⃣Go to airdrop.altlayer.mobi
2️⃣Input your address to check
ALT usdnew shiny coin , binance listed and Airdrop narrative , highely likely to follow the manta and tia play , if you're holding your airdrop tokens then .80 is the ideal target considering the supply and market cap else bull run can make anything possible
ALTUSDTsmart money concept analysis: Don't get caught in whale traps.
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ALTUSDT is in trend continuation ALTUSDT is in trend continuation
So we can buy stop at
HH and Stop loss at previous HL
ALTUSDT For speculationBINANCE:ALTUSDT
This idea has a speculation profit target.
All targets are indicated on the graph.
- Risk 0.5% on deposit
- R/R 1/2
P.S (This is not an investment recommendation, this is my personal opinion.
📊#ALT rises according to the cup and handle structure, TP❓➡️Help analyze this coin as requested by a fan.👀
🧠ALT started to rise with the cup-and-handle structure as a supporting force. We are now very close to the TP zone. If you follow this structure and go long, you will have to lock in profits in time after reaching the TP zone. Will the bull trend continue? No one knows, and we need to observe new structural patterns to know where the market will go next.👀
⚠️Note that there are no absolutes in the trading market, so risk management is a must.
➡️If you like my analysis, please don’t forget to like the post❤️
alt coins analysis support and resistance givenbuy and sell on your own risk.everything shown on table
Alt/Usdt 1$ Soon
Alt/USDT appears to be exhibiting strength and shows potential for price appreciation in the upcoming days. I anticipate its price to rise similarly to Ordi and Xai/USDT. However, it is important to note that this is solely my personal opinion and should not be considered as financial advice. Disclaimer: The following statement expresses a personal idea and does not constitute financial advice.
ALT - BOOM !Hi, I think we are going to 0.39-0.44$. Holding my long from 0.32$. I know I know its dangerous for such a new coin, but market is just too hot right now. Everything new is growing like hell, then dump.
