JohnnySecretz

ACH update - nearing the end of consolidation

Long
COINBASE:ACHUSD   Alchemy Pay
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.
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.