ALICE/USDT Pair is being traded on CEX derivative exchanges such as Binance, KuCoin, BYbit etc.
Trade Entry is because: (1)There is a continuous move od the downtrend due to BTC dump following FUDs from:
Evergrande, Chinese News FUDs, amongst others,
(2) The downward move most likely will mitigate the previous support turned resistant at the 8.5- 8.5 levels before experiencing a rebound to the upside as we enter October.
(3) There was previously a wick rejection at that zone some times ago, thus forming a key level to consider for a LONG entry.
(4) Major indicators such as RSI, BOLL, EMA, MACD will signify an oversell, with a need for the BULLS to enter the market to sustain its healthy state.