ACH Ready To Advance 4H Hold For Weeks 90%+ Profit
We are seeing in Wyckoff analytics the resumption of an uptrend after this consolidation. Entering Phase E which could last a couple days, but is the most bullish phase.
We have seen mark up within the trading range of Phase D and more increased buying on the volume, and the indicators are all above level 50 with the White Energy below all signal lines across all time frames above the 4H.
In Elliot Wave there are a couple different counts that are not included, but align with a bullish outlook, and in traditional trading patterns we are developing a bull flag seen in Phase E with an overall cup and handle for the entire accumulation structure.
We have also broke the bear trend line, of which the larger macro structure is another bullish pendent. Look at the order book on the exchange and see the support and demand that is present.
Buy and hold for 90%+ profits, with a TP1 at 0.115 and TP2 at 0.155
For long term campaigners TP1 at 0.155 TP2 at 0.219 and TP3 at 0.275
Minimum TP1 Risk/Reward with SL at.0788 is 1:13, easy risk management with small inside candles in bullish pendent.
We have seen mark up within the trading range of Phase D and more increased buying on the volume, and the indicators are all above level 50 with the White Energy below all signal lines across all time frames above the 4H.
In Elliot Wave there are a couple different counts that are not included, but align with a bullish outlook, and in traditional trading patterns we are developing a bull flag seen in Phase E with an overall cup and handle for the entire accumulation structure.
We have also broke the bear trend line, of which the larger macro structure is another bullish pendent. Look at the order book on the exchange and see the support and demand that is present.
Buy and hold for 90%+ profits, with a TP1 at 0.115 and TP2 at 0.155
For long term campaigners TP1 at 0.155 TP2 at 0.219 and TP3 at 0.275
Minimum TP1 Risk/Reward with SL at.0788 is 1:13, easy risk management with small inside candles in bullish pendent.
Comment:
Interestingly, ACH was minting new coins into circulation during the Tuesday correction, from 1,830,381,781 circulating supply on 9.20.21 to 3,267,914,211 within 12hours on 9.21.21
The market cap went from $129,688,982 on 9.20.21 to $232,667,458 on 9.21.21
This supported the price around the 0.07 cent level while all other assets were still experiencing lower-lows.
Any thoughts on the strategy behind this, or what the absorption will mean on the time factor for new ATH's please post your comments below. If you would like screen shots of these changes on these dates from coingecko you can send me pm.
The market cap went from $129,688,982 on 9.20.21 to $232,667,458 on 9.21.21
This supported the price around the 0.07 cent level while all other assets were still experiencing lower-lows.
Any thoughts on the strategy behind this, or what the absorption will mean on the time factor for new ATH's please post your comments below. If you would like screen shots of these changes on these dates from coingecko you can send me pm.
Point of Entry is upon returning to the TR after the Spring
Still Bullish