💎 ALICE has consistently drawn significant interest in the market, yet it has faced considerable challenges in surpassing a key resistance area. Historical patterns show that each time ALICE approaches this strong resistance, it encounters significant rejections.
💎 A breakthrough of this resistance could probability lead to a substantial upward trend, with our next goal being the Bearish OB target.
💎 However, if ALICE fails to achieve a breakout soon, it might retreat to retest the support level around $1.08 to gather momentum for another attempt at a breakout.
💎 The support area around $1.08 is crucial for ALICE. For a positive trend to continue, ALICE needs to demonstrate a strong bounce from this level. If, however, ALICE merely consolidates at this support without showing any significant recovery, there's a risk that it could lose this support level.
💎 Such a development would be a bearish signal, potentially indicating a breakdown below the support bullish trendline. Should this occur, the next probable destination for ALICE would be the strong support area.
💎 A breakthrough of this resistance could probability lead to a substantial upward trend, with our next goal being the Bearish OB target.
💎 However, if ALICE fails to achieve a breakout soon, it might retreat to retest the support level around $1.08 to gather momentum for another attempt at a breakout.
💎 The support area around $1.08 is crucial for ALICE. For a positive trend to continue, ALICE needs to demonstrate a strong bounce from this level. If, however, ALICE merely consolidates at this support without showing any significant recovery, there's a risk that it could lose this support level.
💎 Such a development would be a bearish signal, potentially indicating a breakdown below the support bullish trendline. Should this occur, the next probable destination for ALICE would be the strong support area.
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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.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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.