ALICE/USDT, 1H timeframe.
Price travelled from the major resistance zone at the price around 8.5000 down to 6.8000 to form a consolidation area. The price couldn't break above the minor support turned resistance. Bearish pressure took the price down to form a major support at price 4.7000. Since then, price formed a chart pattern named Pennant. A continuous bullish pressure above the resistance trendline will further push the price to the minor resistance zone. A continuous bearish pressure below the minor support zone will push the price down to the major support zone.
Cheers!
Price travelled from the major resistance zone at the price around 8.5000 down to 6.8000 to form a consolidation area. The price couldn't break above the minor support turned resistance. Bearish pressure took the price down to form a major support at price 4.7000. Since then, price formed a chart pattern named Pennant. A continuous bullish pressure above the resistance trendline will further push the price to the minor resistance zone. A continuous bearish pressure below the minor support zone will push the price down to the major support zone.
Cheers!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。