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Alchemy Pay / Bitcoin

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ACHBTC trade ideas

Alchemy Pay | Simple & Easy Broadening Channel (138%-231% Pot.)Let's keep this one simple and easy... But first, let me explain. Here I am mapping for you a potential target of 138% for this chart setup, a double up. While this potential is great, think of turning 1 BTC into 2 BTC, there can be more... With the Altcoins, with the Cryptocurrency market; there can always be more... The charts I am sharing can show a certain percentage but this is only for illustration, the action can go beyond expectations. My job is to alert you of the entry, the timing; easy and safe... Once it starts moving, you can take care of the rest. This is not financial advice of course, this is technical analysis by the best. Ok... 👉 We have a broadening channel with Bu-Pot. (bullish potential). The lower boundary of the channel has been challenged/activated, so the upper boundary is likely to be challenged/activated next. This opens the door for growth and we continue to see accumulation everyday. What to do is prices move lower? You can either sell at a loss, or, you can wait patiently until the market turns green; that is, buy and hold. We are of the patience trading style so we buy and hold thinking of the long-term. When we do spot trading, the day we get in, we do with the mentality of waiting for years if necessary but we end up within in the end. It is a long-term strategy but reduces risk and stress. Remember to do your own planning and your own research. There is always risk involved and the chart can easily change. Thank you for reading. You are appreciated. Your time is appreciated. Your energy is welcomed. I'll see you on the next one... Over and over... Again and again and again... I will always comeback for more. Thanks a lot for your continued support. Namaste.
Long
by MasterAnanda
1
Alchemy Pay | Simple & Easy B-Channel + B-Pot (100%)Let's keep this one simple and easy... But first, let me explain. Here I am mapping for you a potential target of 100% for this chart setup, a double up. While this potential is great, imagine 1 BTC turning into 2 BTC, there can be more. There can always be more... The charts can show a certain percentage but this is only for illustration, the action can go beyond expectations. My job is to alert you of the entry, the timing; easy and safe... Once it starts moving, you can take care of the rest. This is not financial advice of course, this is technical analysis by the best. Ok... 👉 We have a broadening channel (B-Channel) with B-Pot (bullish potential). The lower boundary of the channel has been challenged/activated, so the upper boundary is likely to be challenged/activated next. This opens the door for growth and we have a strong green candle today. Remember to do your own planning and your own research. There is always risk involved and the chart can easily change. Thank you for reading. You are appreciated. Your time is appreciated. Your energy is welcomed. I'll see you on the next one... Over and over... Again and again and again. Namaste.
Long
by MasterAnanda
1
✳️ Alchemy Pay Quad-Bottom & How To Trade, BasicsFour is a magic number. It is the number of stability, balance, the base for all construction work... Four here is the number of time that ACHBTC hit the same support, coupled with an All-Time Low. Once we hit bottom, we have nowhere else to go but high, really high up. 👉 Very low risk when the bottom is close, huge potential for growth. ➖ We have a quad-bottom pattern. Here is how I would trade a pair such as this one. The first step is to define the risk in case things don't go our way. The last low/ATL is set at 41 satoshis and we use a manual stop-loss thus: ➖ If prices move and close daily (or weekly) below 40 sats (0.00000040) we close the trade at a loss and go away. No big deal, some we win, others we lose. Any trading above this level and we wait patiently for the market to take care of the rest. If a bullish breakout happens, as it is expected to happen, then we have a winner and sell on the way up. I can sell a portion at 55, for example, some higher or sell everything at one single point. I can also hold for the entire ride using a trailing-stop, whatever you do is up to you but this is a pair in which it is hard to lose. ➖ Buy low, sell high. Notice the price is low/down/near support... That's the best time to buy, at the bottom, not at the top. It doesn't matter what is happening nor what hype is being bombarded to us... We wait for the right timing and look for the right charts to trade for success. If it is not near support the risk is just too high for a chart setup, a trade to fail. Some Altcoins and Bitcoin, as an example, are moving high up... We wait on this while we pick the ones near support. Once Bitcoin and those Altcoins move back down and start to rest (accumulation phase), we can jump in with low risk and plenty of space to enjoy a nice and strong bullish wave. This can happen after the 2024 halving for BTC. Thank you for reading. Namaste.
Long
by MasterAnanda
✳️ Alchemy Pay Hits New High Today (Grows 190% Within A Month)Alchemy Pay continues with its massive uptrend. After hitting a low in mid-January, yes, the ALTSBTC pair hit their low in January 2023 as they have a slight delay compared to the ALTSUSDT, we've seen massive growth. We have a new high today confirming/supporting the bullish case, total growth now reaching 190%+ after a little more than 30 days. This is not bear-market type of action, this is recovery action, bounce from bottom, bull-market (higher highs and higher lows) comes next. Namaste.
Long
by MasterAnanda
1
ACHBTC ahead of 440% rise.ACHBTC ahead of 440% rise. Alchemy Pay/Bitcoin is one of the hottest topics on social media. Those who follow the movement of penny stock stocks will discover many regularities in this crypto pair. This crypto pair moves with momentum, making extreme momentum moves, followed by longer corrections. Many penny stocks make similar moves, so it is useful to take some of the experience to Alchemy Payelement. Let's look at the chart. ATR axis (purple line) The ATR axis is nothing more than the rate of change of the ATR movement behind the crypto pair. If you look for an analogy, it is like the accelerator pedal in a car. You give a command to accelerate the car. But the resulting acceleration depends not only on the amount of pedal depression, but also on the road conditions, the terrain, the weight....stb. But let's go back to the ACHBTC diagram. It can be seen that the corrective wave movement has ended at the purple ATR axis and from this level another upward wave may develop. We ask the question, how long could it last, where is the target price. The answer to this is given by the two white squares. Because of a technical rule related to the 2RR money managent, we can assume that the previous corrective wave, whose amplitude I have marked 1X, will have a sequence size of 2X for the next rising wave. That is, twice the amplitude of the previous correction. Thus we get an additional 440% rise from the current level. In conclusion, it is advisable to look for LONG positions in the further uptrend.
Long
by meszaros
5
ACHBTC incoming wave 3?Ach had a nice period of accumulation against btc on HUOBI, way before getting listed on coinbase. That accumulation ended with a 10 000% growth in a short amount of time, mainly due to the low marketcap. After that it corrected around the golden retracement ration. I suppose we are now in wave 2 against btc. By looking closely one can notice the resistance line has been touched multiple times, the more it's tested the more likely it breaks. If we break it, it's likely we complete the big timeframe cup and handle and blast off for a wave 3. Of course if we fail to break the resistance we could crawl down lower, but at this point of time things point to the upside. The USD pair has a similar pattern.. The post is for educational purpose only.
Long
by darkpiggie
ACH trending up on HuobiAfter the launch $ACH pumped really good and then corrected itself. Currently being in an accumulation phase from past 7 days, it is finally breaking out. The first area of resistance it needs to cross is 22000 sats. After that we have a clear sky to continue the bullish rally. If we zoomed into the accumulation phase we will find some clear technical behaviour. After hitting the bottom and making the double bottom pattern, it bounced and went into a bullish consolidation. Now as it is finally breaking out from this range, I expect the bullish continuation to the higher levels.
by BitGuy2