alikze

Alikze »» ALICE | Pullback to broken structure

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alikze Updated   
BINANCE:ALICEUSDT   ALICE / TetherUS
In the daily and weekly time, it has been moving in a descending channel, after the bottom formation in the 0.64 area, a motivational wave has started, which is now facing selling pressure in the supply area after the sub-swing break.
🔰 Therefore, this correction can be a pullback to the green box area, which can face demand in the green box area and continue the upward trend until the next supply area.
⚠️ In addition, if the green box area is broken, the correction can continue until the specified area, which will be a little difficult to continue the upward path.
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Comment:
Corrected according to the movement path with more than 42% drop to the support green box area. If the current bullish candle closes, a morning star candle will be recorded in weekly time as support, which can confirm the direction reversal.

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