ALPINE/USDT (Update) - 7,95 surpassed opening 20 area

ALPINE/USDT (Update) - 7,95 surpassed opening 20 area

previous analysis: www.tradingview...mic-above-3-90/?utm_source...

Key level :

3,90 is the overlap of the first impulsive move started from the bottom and it is also a resistance graphical area where the market was capped during the wave B - it is also a ABC wave target (fibo + retracement on the short-term)
6,10 is the invalidation level from the triangle bullish exit + auto similar action/reaction in case of setback (max setback potential before bounce - regular ratio is at 7,80

As long as 6,10 remains key support the market will skyrocket to 20.00 (potential buy back at 7,80) intermdiate resistance at 12,50 (where the setback can occur)

Enjoy

Trade active:

Update

6,10 => now 6,70
7,50 = > now 8,30

Comment:

Hi my Friends

Just quick message to tell you we are potentially in a range 10,60 and 6,70

For intraday player take care a swing down can occur to 6,70 area or at least 8,70 before exiting from this configuration.

Else the market will skyrocket directly ... so for mid-term holder no change :)

Trade active:

Hi my friends

Quick message to tell you that the swing down move seems to be completed, still a little risk to print 6,70/6,50 as long as 8,75 is not surpassed - the picture remains bullish a now the timing to play the bull run is perfect (Strong buy mode reactivated)

Order cancelled:

A new update will come soon

Watch 5 as key support - for now the structure is corrective calling for new bullish attack after completing the range in progress. TArget must be realigned with new price action