Today, I want to analyze ALT for you in a 6H time frame so that we can have a SHORT-term view of ALT regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
It appears to be moving within a Ascending triangle on the shorter time frame. Currently, it is attempting a breakout. A breakout retest of the triangle would indicate bullish momentum. However, if there is a rejection and a breakdown of the triangle, a bearish move is also expected.
✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 AB=CD 🟢Ascending Triangle
Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!