That round shape might be a bottom.
Trendline broken, RSI bounced from deep levels and is heading north...
...but numbers of resistances are waiting on the way up.
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My Neighbor Alice
Coingecko
EtherScan
DEX: Pancakeswap
CEX:...
MACD and RSI looking healthy for a rebound. I think we have bottomed out and Alice looks set to go up from here to test previous resistance.
Volatility has been prominent with this as it went live not too long ago.
Targeting the $14.5 region on 75x leverage. SL and TP on screen.
The chart tells it all. Broke through the triangle, but did not fall into the 13.70 zone
In the last few candles the lows are higher. On the other hand, bitcoin is rising and everything is starting to rise. And ALICE is not rising even after the start of staking.
Maybe there is less interest in the coin, there are many other coins where you can make money...
Hi dear patrons, hope you are well and welcome to the new update on MyNeighborAlice (ALICE) token.
On a 4-hour chart, the price action of the ALICE has formed another harmonic bullish BAT pattern.
This trade has profit possibility of 27.5 % and the loss possibility is 4%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly...
After three previous nice bullish candles, the last one with a great bounce, there is a powerful move down.
ALICE draws a bearish triangle, which could be broken in either direction. The probability of a break-down is usually higher.
We are looking at 15.74. If this point is taken, I expect a retest of 14.
What I expect is a breakout of the triangle in 2-3...
After the dead cat and retest of the $14 zone, price went up to the 0.5 Fibonacci retracement from 25.69 > 14.11 (swing high taken from the daily chart- highest price on day two, maximum price on day one I consider an artifact).
From 19.92 started falling into the 0.382 - 0.5 zone with a bounce from 0.5. At the moment of writing the analysis the price is trying...
