ALICE/USDT (Futures) Long-Term Trend: Bullish
Key Resistance Levels: 15.699, 16.657, 17.327
Key Support Levels: 14.191, 13.394, 12.608.
The price on the higher time frame posted a correction count near the strong support level around the 14.08 USDT mark where a fake breakout has been left. This lead to a further movement to the upside toward the next key resistance level in the same direction of the main trend.
ALICE/USDT (Futures) Medium-Term Trend: Bullish
On the lower time frame, the price is traded inside a bullish flag formation where a lower correction could be seen to the area of confluence made of the 61.80 % Fibonacci retracement level and the bespoke support plus the lower end of flag pattern. This could lead to a move to the upside toward the mentioned target profits.
Buy Limit Order @ 14.065
TP 1 @ 15.699
TP 2 @ 16.657
Stop Loss @ 13.346
Trade Safely 🙂