My Neighbor Alice is a farming-themed play-to-earn builder game built on Chromia. In the game, players can buy and own virtual islands which are represented as NFTs, collect and build exciting items while also making new friends.
Anyway, it is clear that ALICE was in a downtrend. After breaking the major downtrend line, it seems ALICE has made a reverse Head and Shoulders pattern. Currently, ALICE reached the neckline, which is also a major horizontal resistance area. If ALICE breaks this area, reversal confirmed and further upward movement is possible. Let's see what happens.
Anyway, it is clear that ALICE was in a downtrend. After breaking the major downtrend line, it seems ALICE has made a reverse Head and Shoulders pattern. Currently, ALICE reached the neckline, which is also a major horizontal resistance area. If ALICE breaks this area, reversal confirmed and further upward movement is possible. Let's see what happens.