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.
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