The situation on the ALICE market is quite unpleasant and uninspiring. Unfortunately, February did not benefit investors and the price recovery. In the weekly timeframe, we see that all attempts by buyers to impose a struggle end in closing the weekly candle below the opening price and big pins up. The local initiative of sellers, supported by the black trend line from March 2021, is still unbreakable. At the same time, trading volumes remain corrective and even close to those that were during the active phase of ALICE growth in August 2021. The nearest price zone that can stop this powerful wave of fall is in the range of $4.8. Starting from this mark, the fall wave slowed down in May 2021. Yes, this mark could not withstand the pressure and the price went down for a while. https://www.tradingview.com/x/74qkddNj/ However, it was in the range of $4.8 that the set of buyers’ positions for the new growth wave began. In principle, if you look globally, the zone of accumulation of buyers’ positions was in the wide range of $4.8-$7. Therefore there is a high probability of stopping the ALICE price fall earlier. Given this fact, the high probability of the price falling to $4.8 will be when the BTC price falls in the range of $30,000. Thus, the global set of positions in the ALICE cryptocurrency can already begin. Technical Analysis Of ALICE On The Daily Timeframe https://www.tradingview.com/x/Hm8ip5hz/ Analyzing the ALICE price m...
