Alchemy Pay (ACH)

On the above 4-day chart price action has corrected over 90% since the sell signal in August 2021 (not shown). Now is a good opportunity to go long. Why?

1) A strong buy signal prints. (not shown).

2) Price action resistance breakout.

3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 80 day period.

Is it possible price action could fall further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know.

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The momentum should be quite rapid after 1 cent.

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Momentum ist jetzt unterwegs ;-)

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The reason for the move:

"VISA update: We are now listed as one of Visa's Official Service Providers. As an On/Off Ramp payment gateway"

source:
alchemypay.medium.co...rovider-10118e3da72e

PS: No idea why I wrote the last update Auf Deutsch, head not awake yet.

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Have had a few asking about potential targets. To answer that we zoom out. All the way to the weekly. Do you see what I do?

1) A bull flag
2) A breakout
3) A Bullflag extension to $1.30
4) Fib extension confirms past and future cycles ??

This would become a 100x idea.

Will this actually happen? I don't know. However Bull flag / bear flag extensions are typically very accurate, especially on the weekly. The market capital @ 100x would not even be half of what Cardano's ADA is today, let that sink in for a moment.

Weekly chart

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I said below I'd update when it was a good moment. That moment has come, price action is on the Golden ratio.

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Wasn't Jan 18th a good moment? Another moment is fast approaching...

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The 'other moment is fast approaching' Did you see it?!

Remember this is a 100x play, forget about it for a year if you can.

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A weekly bearish divergence is printing. 2.2 cents would be a good re-entry.

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A lot of 'long' ideas on tradingview right now. When the majority are saying one thing...

Price action is consolidation inside a rising wedge, that is bearish. Wait for a confirmation of support around the 1.5 cent area.

4-day chart

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Back in March 22nd, '2.2 cent would be a good entry'

Kaboom!

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Had a number of messages on this one. Many 'long' ideas advertised on TV.
"What is your target?", "A good time to buy?" - if that's you then stop trading. Go to Vegas instead.

The 2-day chart could not be more bearish right now.

1) GRM resistance
2) The bull market support bands is red. No long positions until it flips green. That simple. No Las Vegas, instead a plan.

Do other tokens publish the same set up as ACH when published? Indeed they do, have a look at the recently published ideas by WW.

2-day day

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Price action ripped 500% when published.

Is it time to buy?

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When I first published this idea it was because of certain conditions.

Those conditions have repeated.

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Now hold until 8 cents.

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Are the majority are opening long positions or taking profits?

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A near 500% move is about to print, are you ready?

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Did you take advantage of the sellers selling for cheap?
Buy low sell high.

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For some reason received messages suggest the alt token market is crashing. And yet many are up 50%. ACH included from two posts ago..

If you're leveraged, don't. Not worth it. Spot, awesome. Stay that way you'll sleep better.

Ready for the moon shot? Will explain elsewhere.

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There is something new, do you see?