vf_investment

ACH, Soon ready to take off ?

Long
CRYPTO:ACHUSD   Alchemy Pay
ACH: Alchemy Pay

Sector: Payment Solution
Market Cap: $135M

ACH has been accumulating for the last 2 years, with the price supported by investors, and even been quite volatile.

The underlying trend is bullish, as evinced by higher highs we've recorded, but especially by higher lows. It looks like we're on the way to retesting the upward trendline that has sustained the price since the beginning of 2023, and this could represent a great buying opportunity. We could also find ourselves on a key horizontal level suggesting a potential rebound.

In the longer term, we'll have a very encouraging bullish signal when we close above the $0.45 level. This will confirm the breakout from the top of this huge accumulation range, heralding a surge in this in this crypto's price. We'll then be able to take step-by-step profits on the way up.

💥 Free signals and ideas ➡ t.me/vfinvestment
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.