ALEX reached a height of $0.54 and has currently retraced 45% to its current level at 0.34Two things can happen!
ALEX can continue retracing to find a major support at $0.25 (perfect buy the dip opportunity) OR#ALEX price action can bounce off its current channel support to find resistances: 0.42, 0.54 and possibly price discovery at 0.69, 0.82
THIS IS MY 100TH idea! Darm!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.