Alienbase Short Term Trend Reversal
AlienBase is showing strong signs of a trend reversal as it breaks out of a descending wedge,this breakout is supported by multiple confluences:
- A-B-C Correction Complete: The corrective phase has played out, paving the way for the next impulsive move.
- 50-Day EMA Support: Price has found solid support at the 50-day EMA, further reinforcing the bullish bias.
- Stochastic RSI: The Stoch RSI is crossing upward from oversold territory, signaling growing bullish momentum.
Momentum is building for a potential move toward the $0.50 area. If the breakout sustains with increasing volume, this could mark the beginning of a larger upward trend.
Key Levels to Watch:
Resistance: $0.50 (short-term target)
Support: $0.40 (breakout retest zone)
- A-B-C Correction Complete: The corrective phase has played out, paving the way for the next impulsive move.
- 50-Day EMA Support: Price has found solid support at the 50-day EMA, further reinforcing the bullish bias.
- Stochastic RSI: The Stoch RSI is crossing upward from oversold territory, signaling growing bullish momentum.
Momentum is building for a potential move toward the $0.50 area. If the breakout sustains with increasing volume, this could mark the beginning of a larger upward trend.
Key Levels to Watch:
Resistance: $0.50 (short-term target)
Support: $0.40 (breakout retest zone)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.