AlanSantana

MyNeighborAlice 225% Bullish Wave Chart Analysis

Long
BINANCE:ALICEBTC   ALICE / Bitcoin
The minor bullish wave starting late October through December 2023 is the initial bullish breakout.

When a Cryptocurrency trading pair breaks out of a major low, there is always a retest of support. If the pair is to continue bullish after the initial breakout, the retest ends as a higher low.

This is the case for ALICEBTC.

➖After a higher low we also have a reversal bottom pattern coupled with rising volume and a very strong RSI.

These signals combined tells us what comes next.

Two targets mainly on the chart:

1) 119% (0.00006251)
2) 225% (0.00009261)

Thanks a lot for your reading.

I am wishing you profits, health, wealth and success.

Namaste.

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