BitGuy2

ACH trending up on Huobi

HTX:ACHBTC   Alchemy Pay / Bitcoin
After the launch $ACH pumped really good and then corrected itself. Currently being in an accumulation phase from past 7 days, it is finally breaking out. The first area of resistance it needs to cross is 22000 sats. After that we have a clear sky to continue the bullish rally.

If we zoomed into the accumulation phase we will find some clear technical behaviour. After hitting the bottom and making the double bottom pattern, it bounced and went into a bullish consolidation. Now as it is finally breaking out from this range, I expect the bullish continuation to the higher levels.

Penafian

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