my neighbor alice coin price prediction profit Now $01
my neighbor alice coin price prediction But before we do we’re going to
peek at bitcoin so you understand kind of what’s going on in the market
i suppose it’s important for any good dealer to basically understand what bitcoin’s doing because a lot of coins are you know reflective of that right so just to snappily note bitcoins down in the day a big surprise we have had a many legs down so to speak we are now trending just Over 56 to 58 000.
i do this map earlier for my patrons grounded on the simple fact that i feel like we might see the price continue to trend lower over the coming couple of days and if so these are the two buy zones that you might want to consider a bone cost averaging now moving forward taking a quick look .
at the moving pars you can see we are below the 50 on the one day map which isn’t super important i suppose the further important Bone then’s the four hour map the 50 day and the 200 days of moving normal are moving into what is appertained to as generally as a
death cross.
so we’ll see soon if this you know what just happed was a result of that passing soon coming to consummation but once that that that closes effectively we should see the price go down further that is the standard and normal way that the death cross works i detest that term but it’s just a a reality . right but bear in mind too we are really downward on the rsi so there is a good chance that it’ll recover a little bit but we
might see another dead cat where the price comes up and you know we kind of get duped where
it’s like oh cool it’s back on track and then it comes right back down again so just bear in mind that happens quite frequently with bitcoin in these states so i wouldn’t uh i wouldn’t overthink it i guess you.
#cryptonews #cryptocurrency #cryptomarket
so moving on to my neighbor alice coin price prediction let’s go
and take a look at the one day chart
kind of work our way down i’ve got some support and resistance levels pretty much only resistance levels drawn up here based on a simple fact that’s the
one day candlestick high and of course
the all-time high at about 23.84
and of
course the one day close was about 21.34
so
pretty nice and easy numbers there we’ll
go ahead and take a quick look at the
one day chart so we’re both we’re both
above moving averages right both the 250
are working below the price that’s
fantastic
we got a bounce off of 50 rsi
as well that’s equally as important
which is essentially the same level as
that 50 day set moving average so that’s
working as a strong support should
likely push the price up higher
we’ve also got on the four-hour chart
the price above both moving averages as
well this is excellent sign i like to
see that it’s extremely important to
have the price above both
now also note too the price is just
barely above 70 on the rsi that’s not
terrible not great it’s kind of neutral
more so it’s kind of an indication to
pay attention to consider either
trimming your position or adding to your
position if the price were to come back
down under 70. but normally i have an
rsi video that helps explain how to
approach that so check that out in your
own time but the the trigger here is
that you know when the price comes back
down under 70 that’s considered the buy
of the sell signal uh whereas you know
with it just coming up above
it still hasn’t fully evolved yet so
there’s a good chance it could continue
higher that makes sense
so it’s kind of around the four-hour
chart all good things there we had a
macd convergence as well right around
5am yesterday
so that kind of gave us a signal that we
had a buy signal sometime yesterday
letting us know that we wanted to get
basically take entry for a long position
now again
it can be concerning to want
to take long positions right now based
on the sheer fact that bitcoin keeps
selling off but you look how well
alice is doing here today contrary to
bitcoin bitcoins essentially just making
lower lows lower highs and look at this
alice
higher highs and higher lows in the one
hour that’s fantastic so if this next
decrease comes down and doesn’t go any
lower than right here then we’re going
to be in good shape to continue that
higher high and higher low scenario so
let’s take a look at the cloud and kind
of see what’s going on look at that
right where the macd converged on the
four hour chart we have an ichimoku
cloud breakthrough which effectively
just reiterates that double rainbow that
i like to refer to it as where we have
two really awesome things happening at
the same time giving us that buy signal
so that is awesome so as you just say
set up your indicators for you know lead
one or lead two to be notified once the
price crosses that plane then you would
have been you know able to kind of
verify that and get in right those are
usually the kind of signals i like to
set
but you know alice was on my radar but
now it is
so all good things here for ellis though
is the bottom line is what i’m seeing
here i do think that it’s trending
closer to its all-time high and will
likely break its all-time high just
based on the fact that there’s nothing
but bullish indications contrary to bear
you know a bearish bitcoin right so that
that’s awesome
news and what will alice
do when bitcoin turns around pulls his
head out of his ass that kind of thing
it should be awesome so looking here
we’re at a nine though on td sequential
just keep this in mind
and when i say keep this in mind it just
basically means that there’s a strong
likelihood we’ll at least see some
consolidation or retracement soon
with it if it continued to increase to
say for example we’d be past that
standard deviation of the volume weight
average price and that would push the
price down naturally as well in fact we
might even be right above at that point
looks like
we are so if you kind of see
here you can see that standard deviation
line basically telling us that when the
price goes above it has to come back
down like that okay pulled it down
pulled it down
right here didn’t pull down kept pushing
so now it makes sense that the price is
coming right down
closer to that deviation line so we
should expect the price to come down
even further i’d say maybe down to about
1650 is a strong potential
and that would help us understand more
so specifically that you know the price
is back within that range
it can
comfortably consolidate and we might see
a leg up again eventually after it’s
kind of gone sideways for some time
because get this in mind and keep this
in mind there’s nothing wrong with the
price going up higher now right that
could happen but the the dilemma that
we’re going to run into is if it doesn’t
consolidate
and just keeps going
straight up it’s going to come down a
lot harder right they come down hard and
they come down fast we don’t want that
we want stability in a coin right we
want this to keep making higher highs
and higher lows in order for it to do
that it needs to continue this nice
healthy pattern and it has a very
healthy pattern right now we’re just at
that state of of uh you know
consolidation where we have to
consolidate or we’re going to find a
significant retracement if it lags up
too quick
so that’s kind of what we’re looking at
there for alice all good things really
i’m definitely bullish on alice at this
point let’s go ahead and take a look at
the fibonacci see what they’re telling
us
and let’s see what’s going on here all
right so let’s go ahead and mark these
guys here to be on the safe side for
later
i always mark the highest and the lowest
point there
as well as usually the set of that
center point which is 0.5
on fibonacci
so
what we’ll do let’s take a look at the
big picture here and kind of see where
we’re at and as you can see that that
highest point for this potential ramp up
is to say we’re to continue to duplicate
what it did in the last 24 to 48 hours
it would be somewhere in the range about
23 dollars and it would put us right in
that resistance zone which is perfect
if
the price can go up to that resistance
zone and consolidate and then leg up
from there in other words just say the
price continues up here right it spends
a little bit of time in here it ramps up
and one last little consolidation
squeeze right against the uh the support
level and then we see it ramp up there
that’s a really really common
characteristic for coins like this when
they break their all-time high they’ll
jump up above they’ll drop down to test
that previous
resistance reaffirm the
support and then then blast off right so
if we can get this price to consolidate
right above support about 23.90 we’re
going to be in fantastic shape and when
i say support sorry it’s currently
resistance but we want to become a
support level
we’ll see that happen perhaps in the
very near future i think it’s likely
considering what’s going on here so i do
think alice taking a long basically long
position from where it’s at would be
advantageous i think we can probably at
least guarantee a 42 percent increase
based on a share
fact that it’s on
target to to hit its all-time high i
think that if nothing else should be
likely whether or not it breaks that
will bridge that gap when we get there
i’ll i’ll keep a closer eye on alice for
moving forward just to ensure that so
thank you to my patrons for requesting
that i cover this of course i greatly
appreciate you and if you’re not
currently a patron and you want to
become a better trader
jump on in there
i can tell you it’s a really awesome
experience and you might want to lock in
your rate now before it’s not
necessarily too late but next month
we’ll be increasing the rates just based
on the demand and the occupancy there so
check that out in your own time thank
you so much to current patrons of courss
