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Technical analysis by RizeSenpai about Symbol ACH: Buy recommendation (12/31/2023)

https://sahmeto.com/message/820797
RizeSenpai
RizeSenpai
Rank: 14338
1.4
Buy،Technical،RizeSenpai

Back in October ACHUSDT confirmed a Double Bottom at the PCZ of a Bullish Gartley and has since climbed back above the major Support/Resistance Zone represented by the green horizontal line as well as the 200 SMA and 55EMA and has formed a Channel of Ascending Consolidation. In addition, it is doing this while trading to the right of a previously Bearish Trend line, so if we can get some true follow through from this action, I would be looking for a 50%, 61.8%, and 0.886% retrace target.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$0.021759
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