ACHUSDT trade ideas
🆓Alchemy Pay (ACH) #ACH $ACHACH is dropping to 0.06$ zone and if it loses this zone, it will fall down to 0.05$ zone. But if the buying force comes back again at 0.06$ zone, ACH will pump up to 0.08$, 0.1$ and 0.14$ zones in this October
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.06$ zone
🔴Buy : 0.06
🔴Sell : 0.08 - 0.1 - 0.14
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.06$ zone
🔵Sell : 0.06
🔵Buy : 0.05
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
ACH ready for another upward moveAfter a strong upward rally of ~123%, ACH has been in correction mode. Currently the micro 0.5 fib of ACH is holding as support and it has been forming a pennant. If the pennant is broken upward, we might be seeing another upward rally (possibly impulse wave 3). On the other hand, if somehow it breaks downward, there is a possibility of retesting the demand zone.
I am personally expecting it to break upward, though I will be waiting for the confirmation since BTC is slightly bearish right now.
$ACH- HAHA! Why I Love CryptoAlchemy Pay after years of staying below penny did 4000+ % in 4 days.
When a coin suddenly run a mad profit like that, be expecting the correction and consolidation to run deeply as well.
Some pull back down to 0.08 likely to happen.
I will be tight with my stop loss and taking profit when trading this one.
ACH - An Underdog Gem Coin with huge potentialFundamental Analysis:
Alchemy Pay is the pioneer of the world's first payment gateway solution to bridge the gap between fiat and crypto economies. In addition to crypto payments, the gateway enables seamless and easy access to crypto investment, blockchain solutions and DeFi services for everyone, even for those new to cryptocurrencies and blockchain technology.
On Aug 4 Binance and Alchemy Pay announced a partnership to help integrate several major merchants. The pair will build a payment bridge between cryptocurrency and fiat using Alchemy Pay’s hybrid payment solutions and the Binance Pay wallet.
Since its partnership with Binance, it is only a matter of time that it will be listed of Binance pushing the price further upward after its exposure to millions of new traders and investors present on Binance.
Technical Analysis:
We have seen a huge upward rally shown by ACH in recent few weeks, after a huge ACH rally upward pushing the coin to its new all time highs, it again saw a small upward rally from micro 0.618 fib level after completing its correction followed by selling pressure which moved the coin a little downward. Though the key level demand area acted as good support and we saw a bounce from that area today.
Conclusion:
ACH still holds huge potential and I would highly advise to buy it in a small portion on every correction. I have personally been holding a small bag of ACH and will be selling it on Binance. I am positive that this coin will not let me down.
P.S. Do your own research before investing in any coin as well because Crypto Market is highly volatile and things can change.
ACH Alchemy Pay 14X upside potentialI see ACH Alchemy Pay as a rival to CRO Crypto.com Coin, which has a mk cap of $3,7 Billion
Alchemy has only $260 Million. So a difference of 14X
CRO or MCO are not supported or backed by Coinbase, while ACH Alcheme Pay is. Which makes it more legit in my opinion!
If you want to compare it with AMP, which has a market cap of $2,5 Billion, then the potential is only 10X, so 0.83usd.
If you haven`t bought it here:
Then you should know that my price target is 1.2usd by December and even 2.4 - 2.6 dollars when it reaches the top of its bubble.
We`re too early on this beauty!
Alchemy Pay [ACH] might find new supportSo here is my analysis on ACH coin listed on Huobi Exchange.
It has already hit the resistance two times and now i think it might get rejected at support and might find new support at support 1 or 2. My personal opinion is Support 2 looks more strong but lets see.