Will ALICEUSDT recover to previous all time highs?
Updated
My Neighbor Alice is a new multiplayer builder game that is centered around the world of Alice and features a complex of islands on which anybody can buy and develop plots of land by filling it with creations. This time the chart looks a little bit more complicated and noisy. I used the Action, Reaction method to find important trendlines. The token turmoiled from the price of $59 to $20 on the first day of trading, and then it continued on a downtrend to reach a low of $3.3. After reaching $3.3 the price reversed and started recovering. After drawing the Fibonacci levels from the high to the low I found that the price stopped from recovering and got rejected from the golden ratio of the downtrend, Which sits at the price of $23. So far Alice looks promising, because after the rejection Alice was able to make a higher low at the median line of the pitchfork and form a structure. At the time of writing, the price is struggling to break the resistance of $16.6 and is consolidating below it. Also bitcoin's selling pressure didn't stop. Alice can continue upwards from the level we are at and can reach a maximum of $44.9. Fundamentally, Alice has a partnership with the Sandbox, they will be adding an Alice "Neighborhood" feel to the metaverse by releasing characters that can be played across The Sandbox universe, Which is big for Alice considering how fast the metaverse is being adopted.
Personally I bought a good amount of ALICEUSDT in spot with no leverage. Gonna start selling and taking profits at the following levels. ($20 - $23 - $30 - $37.5 - $44.4)
Personally I bought a good amount of ALICEUSDT in spot with no leverage. Gonna start selling and taking profits at the following levels. ($20 - $23 - $30 - $37.5 - $44.4)
Comment
ALICEUSDT followed my prediction and was able to destroy my first 2 targets, resulting in more than 100% profits.
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