ALICE / TetherUS
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#ALICEUSDT — Descending Triangle at Demand Zone!

105
#ALICE

The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary.

The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions.

There is a key support zone in green at 0.1014. The price has bounced off this zone several times, making it a strong support level.

The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.

Entry Price: 0.1100
First Target: 0.1116
Second Target: 0.1140
Third Target: 0.1168

You can stop at the first and second targets and close the price, or continue to the third target. Stop Loss: At the resistance zone in green.

Remember this simple rule: Money Management.

Any questions? Please leave a comment.

Thank you.
交易结束:到达目标
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#ALICE
First Target: 0.1116
Second Target: 0.1140
Third Target: 0.1168

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