ALICE - Possible Entry on Range break

2021년 11월 26일

Momentum is in a pull back with many of the Gaming and meta tokens, though I am willing to take an entry right here on ALICE as a possible retest of the recent range break. LTF minor declining resistance break out is currently being retested, very local action but may be the start of a large movement. Rising wedge trend acting as support, as is the range breakout levels. Scalping my way into this position and building it as I go.

Just bought in at 22.70
Will stop out below 22.50 on this entry
but ALICE will remain bullish for me above 20-21 range
Keeping risk low as I am trading against short term momentum

1H RSI looks nasty stuck under 50 but is at lower trend so may find a reversal here
Daily RSI was looking over bought but this pullback has given it a little headroom
Bearish tops on the recent 1H MACD which led to this pull back, but hidden bullish div on bottoms currently being printed

Could be setting up for a significant move if range break holds

2021년 11월 26일

노트

Strong BTC led Sell off happening across much of the market. Catching knives right now, will wait for signs of recovery