$ALCH - Quick Update
Currently in a very neutral area on the daily chart.
🔸 Ichimoku & daily structure:Not looking bad, there’s a potential ascending triangle forming for the medium term outlook. 📈
Key supports:
$0.1400 | $0.1250 | $0.1180
Crucial:
50% weekly fib around $0.1270; bulls must defend this level!
Short term:
Setup is still bullish 📈
We’ve broken the main downtrend ✅ and now trading above the daily trend, which could push price up toward the $0.1530–$0.1550 resistance zone.
Upper resistance levels marked on my charts.
💥 Real fireworks if we get a daily close above $0.1650!
Stay sharp and follow the trend.#DYOR
