Bearish indicators for 1H chartLooking at the ACH coin after the recent 30% in one day gain. Bearish indicators for the one hour chart after initial price drive is dried up.
ACHUSD trade ideas
ACH is a monster! Are we done for now?CLEAR THE WAY... well, that time is over.
We are now approaching significant resistance. Right now ACH is holding pretty well up here, but a pullback to 0.034 or potentially 0.027 is on the cards right now.
Something is going to happen to crypto in the next 2-3 weeks and it currently doesn't look all that great. Take the plays that you've made a significant bit on and move it to cash unless it's in a position where you can place a reasonable stop and not lose money.
I've changed my count a bit. Check it out.
Clear the way for ACHI'd like to give a little update on our friend ACH. From the lows, we can see there are several spikes in price action. It started in late December 2022 where there were two quick spikes when price discovery was near the lows.
Then things got really interesting. Here's what I love about crypto and alts in particular, the spikes that you typically see are followed by more sell offs. Take a look at October 14 for example. We can see a big spike that lasted roughly a day and it was followed by a sell off that led to new lows in early November.
So far that is not the case for ACH. Now certainly the market can take a downturn at any time and it probably will. I'll update the count as the price action evolves, but as of right now, we've gotten above some significant resistance, including that resistance from October 14 2022.
Additionally, we saw similar spikes on January 16 2023 but the difference this time is it did not lead to new lows. It actually led to another local high and then, as I previously mentioned, taking out the important resistance from October, which we are still above.
If this EWT count is intact, we should see a further pullback to at least 0.0166 before moving higher into at least 0.027 but more likely we will reach 0.031.
As with anything related to technical analysis, things can and do change often. I'll keep track of this count here on TradingView for my followers that are interested. There will be several trading opportunities coming down the road if you are not an ACH holder.
Is this the best place to enter? I'd say no. There are better places to find a well risk managed entry so be patient and wait for BTC to correct a little bit.
Can ACH keep going?Watching ACH and have been for weeks. Here's my primary observation right now.
We've had several areas that acted as support on the way down that broke.
Ever since January 14, we've been breaking those support levels which were acting like resistance and we keep flipping them. Until some important support levels get taken out, I'm going to remain bullish.
Disclaimer - I purchased ACH below 0.01 - it was closer to 0.008 and I locked in profit as you should as soon as it hit 100%. Now the trade is 230% but that shouldn't be a reason for you to fomo. Watch for good retests of levels (outlined in the chart) for a potential entry.
Crypto will get a pullback eventually. Don't go heavy into positions like this one now. That time has come and gone.
ACHUSD: Pullback To Form Potential Inverse Head and ShouldersACHUSD has some Bearish Divergence on th RSI at the list price and the 200SMA and looks like it could be setting up for a Pullback. If it pulls back we should look at the potential for it to form a Right Shoulder that could lead to a bullish breakout on a later date.
$ACH is looking good! $ACH is looking to pop! This Real-world use of collateral coin is being trusted by VISA already. It's only a matter of time where merchants will be accepting crypto and they need a retail collateral token and ACH looks like a great candidate. Im in long-term LONG on this one.
Halfway to the resistance line. 🚀Looking good for a huge breakout. Bottom of the markets are always scary for most people.
I like the volitility because you can usually 10x your main holdings before the actual bullrun begins.
Let's complete this pattern before Friday. 🚀📈📈📈
50% Profit - $ACHThe best thing about this purchase was that I woke up in time to sell, that I didn't put a TP or a SL, if I had, my SL would have been executed and I would have -3%.
Sometimes something good comes out of the mistakes we make.
Control your own risk.
$ACH about to take off?First let's talk about $ACH, what it is, and what it works for...
Alchemy Pay is a gateway payment provider for transacting between fiat and cryptocurrency, is a payment solutions provider that seamlessly connects fiat and crypto economies for global consumers, merchants, developers, and institutions. It provides online and offline merchants with convenient acceptance of both fiat and crypto and makes crypto services and platforms accessible to mainstream users.
Now... The reason why this idea arises is because on the weekly chart the MA21 finally crossed a bullish candlestick, this is the first time this has happened, let's remember that in most cases (and after a more complete analysis) when the MA21 or 14 crosses below the candles it is the start of a new uptrend, regularly when this happens on a 4hr chart or less it is a signal to wait between 5% and 10% when it happens on a chart daily this can indicate between 10% to 25%, and on a weekly chart above 25%, however, as I mentioned this is the first time it has happened, it is a relatively young project.
The SSLChannel; It is the second time since the beginning of the project that it shows an up trend, let us remember that this happens when the green line crosses the red line upwards and the red line is now positioned below in an up trend. This is the opposite with a downtrend.
The RSI; From May to July it was oversold, and days later the SMA14 crossed and positioned below the RSI, and in September, the RSI went back into oversold and until October 3 a new trend was set, and the SMA14 crossed back below the RSI.
Chart Patterns; Just before the last candle I see a Morning Star, I also see a small accumulation and market indecision in 5 candles from June to July, Falling Wedge, a clear Support between June and early October and a Bullish Engulfing.
So let's see what happens in the next few weeks.
Control your own risk.
This is not an advertisement or a buy signal.
5% profit in $ACH executed Just as i said yesterday.
Always put SL and TP, whales will always want to take your money no matter how little it seems
Control your own risk
Buying $ACHTrading Volume 24h
$4,975,775.88 +1.84%
MA21 crossing below candles
SMA14 crossing RSI
Minimum 5% profit expected - SL at -3%
$ACH easy 15% profitJust the RSI for a good profit.
My goal is not to give you buying signals, it is to help you understand how to identify the signals
Possible ACH Long. Break out of wedge ..my first target would be 0.03 range . Slightly less . Black swan candle to the upside target .. between 0.05 - 0.07. Break down at wedge resistance negates long at this time. Likely new lows at that point. FPM. DONT FOLLOW ME.. YOUR LIKELY TO GO BROKE. FEETY PAJAMA MIKE.. = SQUASHER OF DREAMS , DESTROYER OF FINANCIAL ACOUNTS.
Good looking inverse head and shoulder on the dailyNothing to see here just a ponzi rocket coin printing what looks to be an inverted head and shoulder pattern after losing 95% of its value from its ATH...
ACH 24hr Chart Trend AnalysisFalling Wedge was identified on Jun 20, 0:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.0369 within the next 19 days, however, the price action is likely to reverse down at 0.026.
FOMO RX - ACHI've just added another 2,500 ACH to bring my total to 15,000 with an average price of $0.0273, way under the 23.6% Fibonacci Retracement level which is at $0.056.
Note: The Fibonacci Range is from 0.00 to the All Time High.
Price broke out of a descending triangle and has now fallen to retest the upper boundary.
After trading sideways for a while now, price continues to consolidate while possibly ready to make a drop to the lower red triangle line before this correction way is over.
At this price, as long as it just doesn't go belly up, starting a new position or adding to an existing position at these price levels is liekly to provide great returns.
Be sure to check out my FOMO Rx - AUDIO review to understand why I'm prescribing my FOMO Rx to help with underwater positions.
Please hit that like button and leave comments if you like~
ACH - Breakout comingIf BTC can maintain $30K or round up, ACH might be one of the earlier coins to go on a run. Its pushing up against a long downward trend line that could pop any day now.
ACH (1W CHART)_ Alchemy due for a runACH is closing in on its descending triangle.
It has an inverted hammer andle closed last week (Bullish). We would like to see one more or a spinning top for a likely confirmation.
1D chart MACD crossed (bullish).
Fib. levels will be used as resistance in the future. I feel this going back to 0.08cents within the coming months.
ACH greater than 10% bullish target identified 🚀 Today I'm posting not just an individualized idea but an idea that combines multiple coins. As you all know from my recent posts, I expect BTC /ETH to experience a short-term wave down. I worked extra hard tonight to find a basket of coins that could yield us the > 3% per day that I'm going for. These coins follow the momentum trend inversion calculations and target calculations that I've perfected over the years. Some of these coins might not go up as much as a basket, but I expect an easy 3% gain combined within 24hrs.
Here are the coins.
Coin TP-Target %-Allocation
GALA 6.50% 11.29%
UNI 6.60% 8.06%
ENJ 6.60% 6.45%
ACH 15% 11.29%
MATIC 5% 8.06%
SHIB 8% 9.68%
MANA 5% 11.29%
KNC 7% 14.52%
JASMY 12% 14.52%
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I'm really enjoying being back in Crypto and interacting with my followers. Thank you for following me and for your support and encouragement. If you have enjoyed making money with my highly accurate and high probability ideas over the last couple of days, please like, follow, comment, and tell your friends and family. I make daily posts, so don't miss out on the next trade. I'm also making significant improvements to the trading system, and you can expect only even higher probability ideas with improved accuracy on timing and with probability.
Please keep in mind that I'm not a financial advisor. Trade at your own risk.
ACH targetI'm too tired to draw ACH scalps, and am too busy this weekend to scalp on smaller TFs. So I am going to be lazy and test out my Demark 9 count theory. ACH typically has great Demark 9 Sell signals with Demark Sequential Alerts.
