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CosmicBrownies
Sep 29, 2021 4:27 PM

ACH potential break of triangle Long

Alchemy Pay / United States DollarCoinbase

Description

If COINBASE:ACHUSD can break 0.07 within the next few days, there may be some more upside in the short term. A break below would likely signal more pain to come, likely back down to the 0.03 area where accumulating some more may be a good move. Still relatively low market cap compared to other tokens so I am long on this one. I don't think it has had its true breakout moment yet and still has great potential. Awaiting listing on Binance and bigger partnerships to be announced hopefully.

Trade active

Stop buy triggered @ 0.071
Comments
jellyfish77
Hmmm... another fakeout in the making I presume
CosmicBrownies
@jellyfish77, That would be unfortunate. However, I think the odds favor the long play here given the pattern. I have a stop set at 0.057, roughly where it last touched support. No risk, no reward my friend.
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