ACHUSD trade ideas
ACHUSD 4H Squeeze is onACHUSD on the 4H is being squeezed hard. The last time this happened with about the same pattern in October the 8th and 9th, ACH shot up almost 20% in a matter of hours but couldn't break the 2 month downtrend resistance. Will ACH break the downtrend now and start a move up????? We will see but the squeeze is on!
ACH update - nearing the end of consolidation ACH did not break out after forming a round bottom. After a review of its consolidation I've updated its wedge. Keep an eye on the wedge line. It could bounce up and back down off the line 1 or 2 more times before the breakout. I believe the break out will happen closer to 10/17 now. Either way, it's current price point is a great buy.
ACH is on the move again and a great buyACH went through a very long consolidation to just below .06. After breaking out its wedge, it was met with lots of resistance and fell back down to retest .06. It is now forming a round bottom and about to break out again. I'm not sure how high it will go, but I have some key resistance areas I'll be watching.
ACH Another BULL FREE MONEY Again?Here is the analysis for ACH what you all been waiting for. We are getting resistant and not coming down anytime soon. Get Ready To watch this coin 2-5x Very Soon. Don't miss this one. Follow for Free analysis Please like and comment below would like to see what your guys thoughts are and Hope you all become Wealthy!
ACH - Cup & Handle - Uptrend begins? Today could be the day we start seeing a real swing up. ACH has been testing the area .063 - .065 for the last couple days. Looks like volume is staying steady and increasing slightly every hour.
I’m holding long on this coin, wish you all the best!
Not financial advice
ACHUSD LongPlacing stop below quarter open and waiting to test quarterly high (22 Aug high). The idea is use the quarter open as a way to measure the progress of the price.
Just an idea I have, I think placing trades thinking in quarters is better because are less entries and less entries means less mistakes, takes more time but every time u place a trade there's execution risk.
ACH potential break of triangleIf COINBASE:ACHUSD can break 0.07 within the next few days, there may be some more upside in the short term. A break below would likely signal more pain to come, likely back down to the 0.03 area where accumulating some more may be a good move. Still relatively low market cap compared to other tokens so I am long on this one. I don't think it has had its true breakout moment yet and still has great potential. Awaiting listing on Binance and bigger partnerships to be announced hopefully.
ACH Ready To Advance 4H Hold For Weeks 90%+ Profit We are seeing in Wyckoff analytics the resumption of an uptrend after this consolidation. Entering Phase E which could last a couple days, but is the most bullish phase.
We have seen mark up within the trading range of Phase D and more increased buying on the volume, and the indicators are all above level 50 with the White Energy below all signal lines across all time frames above the 4H.
In Elliot Wave there are a couple different counts that are not included, but align with a bullish outlook, and in traditional trading patterns we are developing a bull flag seen in Phase E with an overall cup and handle for the entire accumulation structure.
We have also broke the bear trend line, of which the larger macro structure is another bullish pendent. Look at the order book on the exchange and see the support and demand that is present.
Buy and hold for 90%+ profits, with a TP1 at 0.115 and TP2 at 0.155
For long term campaigners TP1 at 0.155 TP2 at 0.219 and TP3 at 0.275
Minimum TP1 Risk/Reward with SL at.0788 is 1:13, easy risk management with small inside candles in bullish pendent.