MonkApe

First Butterfly Then Break-Retest

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BINANCE:ALICEUSDT.P   ALICE / TetherUS PERPETUAL CONTRACT
ALICEUSDT.P

Butterfly level looks worth to try for short position also supported by previous resistance level and decreasing trend momentum.

When easy target TP1 reached, If the coin keep being under selling pressure we can plan to next step by using break-out strategy.

Never miss out to take profit when TP1 level reached and stop loss level of residual position must be arrenged to break-even point.

Good Luck Everyone.
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