📊Quick Analysis ALCH/USDT (15min): Attention to Possible Breakout!
The ALCH/USDT chart in 15 minutes shows us an interesting scenario. We observe a linear trend, with low volume, and a semi-bearish curve that could be fostering an important movement. The fractal candles (two red, one green) evidence the current indecision of the market, making a clear reading difficult.
What stands out is the position of our moving averages: the EMA 7, 25, and 99 are above the chart, with the 7 and 25 closely following the price action. This suggests that the price is operating below these important dynamic resistances.
We are at a key point, waiting for the breakout. The lack of definition and the low volume make the direction uncertain, but the implicit bearish pressure from the upper moving averages is a factor to consider. Stay alert to see which way the scale tips! We could be facing a volatile movement.
#DayTradingStrategy #Write2Earn #HODLTradingStrategy #BinanceSquare