Contradnging
@t_Contradnging
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Weekly Chart Pattern: Ascending TriangleAn ascending triangle does not guarantee that the stock will enter bearish territory, it can go either way. ACH is a bit lagging coin comparing to other mainstream cryptos. I have played it twice to the big resistance at ~0.058PT1: ~.058PT2: After retesting 0.058Resistance: ~0.033Support - Stoploss :~.017
Long Swing PositionPerfectly bounced from .618 and RSI above 50. Expect the bullish momentum Entry : $2.15Resistance: $2.3PT1: $2.7PT2: $3.39PT3: Update after crossing PT2Stop loss: If it shows sign of weak rally to the upside, RSI cross below 50. Stop loss below fib 0.5 at $1.9 & monitor price movement when hitting fib 0.618 -> stop loss below it or re-entry when showing strong rally sign.PT1 hit at ~2.655
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