ALICE: The bull party has started!
Updated
Hello. According to my technical analysis, the ALICE will continue to have a bull rally.
ALICE the past week has been sitting in a sideways range from 13.5$ to 16$. However, Price recently had a breakout of the channel with very strong volume, meaning that there may be a possible move to the upside.
Before the breakout, price was supported by the 100 EMA which helped launch the price to break the range resistance.
The RSI also had it's own sideways channel, and broke out of it in sync to the price's own breakout.
A possible scenario over the next few days is for ALICE to reach the 0.786 Fib, which is around the 20$ mark. If price can reach that this would be very bullish for ALICE.
What do you think about ALICE? Tell me in the comments below! Constructive feedback will be greatly appreciated.
ALICE the past week has been sitting in a sideways range from 13.5$ to 16$. However, Price recently had a breakout of the channel with very strong volume, meaning that there may be a possible move to the upside.
Before the breakout, price was supported by the 100 EMA which helped launch the price to break the range resistance.
The RSI also had it's own sideways channel, and broke out of it in sync to the price's own breakout.
A possible scenario over the next few days is for ALICE to reach the 0.786 Fib, which is around the 20$ mark. If price can reach that this would be very bullish for ALICE.
What do you think about ALICE? Tell me in the comments below! Constructive feedback will be greatly appreciated.
Note
ALICE not moving so far, let's wait
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