📢 $ALICE / $USDT | 🔴 SHORT | ⭐ 77.9%
🎯 Target: $0.13175. Is it still falling?
🎯 Trading levels:
🟢 Entry: $0.1346
🛑 Stop Loss: $0.1361
🏁 TP1: $0.13175
🏁 TP2: $0.1301
📉 Analysis:
The market structure in $ALICE shows a clear bearish setup after the confirmation of a double top pattern. The ADX at 28.39 indicates a developing bearish trend strength, while the bearish MACD crossover (momentum indicator) along with sustained selling pressure and a volume ratio of 2.21x above average confirm bearish interest. The price is trading below the 20 and 50 EMAs, validating the current structural weakness against the volume profile point of control (POC).
⚖️ Risk/Reward: 1:1.9
⏱️ Timeframe: 1H
📐 Technical confidence: 3/5
The invalidation level is set at the stop loss above the EMA20; a break above this level would invalidate the current bearish thesis. The trade is validated by continued selling pressure below the immediate resistance levels, while closely watching support at $0.1318 for possible partial closes.
Do you think a break of support at $0.1318 will trigger a more accelerated bearish move?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #ALICE #trading #Futures #Bearish
🎯 Target: $0.13175. Is it still falling?
🎯 Trading levels:
🟢 Entry: $0.1346
🛑 Stop Loss: $0.1361
🏁 TP1: $0.13175
🏁 TP2: $0.1301
📉 Analysis:
The market structure in $ALICE shows a clear bearish setup after the confirmation of a double top pattern. The ADX at 28.39 indicates a developing bearish trend strength, while the bearish MACD crossover (momentum indicator) along with sustained selling pressure and a volume ratio of 2.21x above average confirm bearish interest. The price is trading below the 20 and 50 EMAs, validating the current structural weakness against the volume profile point of control (POC).
⚖️ Risk/Reward: 1:1.9
⏱️ Timeframe: 1H
📐 Technical confidence: 3/5
The invalidation level is set at the stop loss above the EMA20; a break above this level would invalidate the current bearish thesis. The trade is validated by continued selling pressure below the immediate resistance levels, while closely watching support at $0.1318 for possible partial closes.
Do you think a break of support at $0.1318 will trigger a more accelerated bearish move?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #ALICE #trading #Futures #Bearish
