Currently, altcoins $AR and ALICE are signaling an opportune moment to take a short trade.
Looking at the 4-hour chart, we can see an ascending wedge (a pattern that tends to break downwards), and at this moment its price is at the same value as the 200-period average, price resistance.
Furthermore, it is possible to observe that the purchase volume is decreasing, which confirms a future price drop and the RSI (Relative Strength Index) is approaching the overbought level.
This information indicates a momentary downward trend.
Remembering that this is just a technical analysis and not a buy or sell recommendation.
