Weekly Chart Pattern: Ascending Triangle
An ascending triangle does not guarantee that the stock will enter bearish territory, it can go either way.
ACH is a bit lagging coin comparing to other mainstream cryptos. I have played it twice to the big resistance at ~0.058
PT1: ~.058
PT2: After retesting 0.058
Resistance: ~0.033
Support - Stoploss :~.017
An ascending triangle does not guarantee that the stock will enter bearish territory, it can go either way.
ACH is a bit lagging coin comparing to other mainstream cryptos. I have played it twice to the big resistance at ~0.058
PT1: ~.058
PT2: After retesting 0.058
Resistance: ~0.033
Support - Stoploss :~.017
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.