ALICE big falling wedge

21 de set. de 2021

ALICE in big falling wedge since the start of Sep. Indicators look like it's ready for a move up, but after a drop like this, it's more or less normal to look bullish after the smallest move up... So I wouldn't look only at indicators to enter this trade. The safest long entry would be a possible breakout retest of 11.62 level, it was significant support before and now we can expect it could be big resistance. Common sense tells us that if BTC dumps continue, this long idea will be most probably invalidated... If the next small support at 9.47 is lost we could take a short trade. Stay safe and good luck