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Technical analysis by Zorroreny about Symbol ACH: Buy recommendation (6/18/2025)

https://sahmeto.com/message/3602424
Zorroreny
Zorroreny
Rank: 448
3.1
Buy،Technical،Zorroreny

ACH had strong impulse and correction back to golden pocket (fibb 0.618 range). From there it started ranging in ascending triangle pattern. We have seen similar pattern on XRP back in 2014-2017 period which resulted in breakout of triangle and push to new ATH.As ACH is oversold and sitting at RSI support line I am expecting bounce up (note a quick fakeout dip is possible) and push to new ATH. Push up can be a part of ABCD pattern or full impulse (if wave 3 overshoots 0.965$ range) so there is set of multiple targets for the move up.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$0.019516
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