Altlayer (ALT) 80% Bullflag extension

2024年10月13日

On the above chart price action has corrected 30% since late September. A number of reasons now favour a long position, including:

1) Price action and RSI resistance breakouts.

2) Trend reversal. Higher highs higher lows.

3) Support on past resistance. (yellow arrows).

4) The bull flag confirmation forecasts an 80% impulsive move.

Is it possible price action corrects further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: high
Timeframe to long: this week
Return: 80%

2024年10月14日

交易進行

Past resistance confirms support.

2024年10月21日

註釋

Time for action.. will emotion allow?