#ALCX — Bullish Breakout Loading? 🔥
#ALCX is trading inside a Descending Broadening Wedge pattern on the daily chart.
It’s currently resting on a strong support zone, formed by the MA50, MA100, and the Ichimoku Cloud — a confluence of key indicators signaling potential strength.
A bullish breakout could be on the horizon. If price breaks above the wedge resistance, the potential upside targets are:
🎯 $12.27
🎯 $15.53
🎯 $18.16
🎯 $20.79
🎯 $24.54
🎯 $29.31
⚠️ Always use a tight stop-loss to manage risk and protect your capital.
#ALCX is trading inside a Descending Broadening Wedge pattern on the daily chart.
It’s currently resting on a strong support zone, formed by the MA50, MA100, and the Ichimoku Cloud — a confluence of key indicators signaling potential strength.
A bullish breakout could be on the horizon. If price breaks above the wedge resistance, the potential upside targets are:
🎯 $12.27
🎯 $15.53
🎯 $18.16
🎯 $20.79
🎯 $24.54
🎯 $29.31
⚠️ Always use a tight stop-loss to manage risk and protect your capital.
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.
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.