alcx is very bullish because :
1-we have falling wedge , our downtrends are weaker than our up trends.
2- we have nice and clean divergence in rsi.
3 - in rsi the downtrend is broken , the trends in rsi usually breaks earlier than charts.
4- the volume increased to its all time high volume level.
5 - i daily time frame alcx break the last high.
for tp i think price can reach 66$ because it is middle of a pressure gap
i think alcx has 75% chance to go up and 25% chance to go down
i myself bet on 75%
1-we have falling wedge , our downtrends are weaker than our up trends.
2- we have nice and clean divergence in rsi.
3 - in rsi the downtrend is broken , the trends in rsi usually breaks earlier than charts.
4- the volume increased to its all time high volume level.
5 - i daily time frame alcx break the last high.
for tp i think price can reach 66$ because it is middle of a pressure gap
i think alcx has 75% chance to go up and 25% chance to go down
i myself bet on 75%
Comment:
big orders are coming and high target points are set.
Comment:
keep going