ACHUSD trade ideas
New to TA Thoughts on my TA. TA is on a CWH on the 30 min. Trying to figure out the movement of ACH based off the 30 min. Top of the arrow would be the measured move off the handle.
Aahhh man here we go again @ACHDYOR.
Overall bullish. Great project. Great people. LOW MARKET CAP. Lets gooo
FOMO, The GOOD and the BAD! Good day everyone, this is my second psychology method. Today we are learning about FOMO. FOMO is another word for Fear of missing out. This means a couple of things in the mind of trader.
"Oh my god, it keeps going up."
"I am going to miss it"
"Fudge it, all in"
"I can make a lot of money if I go in."
"It is going to the MOON!"
When this comes to mind of a trader, it losses their train of thought. The strategy that they have been using just goes out the window. Some call it "Risk it for the biscuit."
The worse thing about fomoing into a crypto or pair is winning it, this is because it becomes a habit and each time something pumps 100% or more they end up fomoing. The only problem is, what if it doesn't go higher and it just dumps so quick for someone to react. In the end of the day, you will lose a lot of money. You might get lucky but luck runs out. If you win by fomoing once or twice, then do not keep doing it. It was free money that the market gave you. Go back to your strategy and just call it an Anomaly.
Example:
The crypto you are looking at is called ACH, this crypto got listed to coinbase and it pumped over 1,000% in the last 4 days. What I notice in the crypto chat, is that many people, especially people new to the market wanted to get in even though it pump so much. ACH kept going higher and higher and I knew the fomo was kicking in. Seconds later, boom it dump. It dumped fast. As a patience trader, I wait for the best entry and even though I miss the pump, I still manage to get 50% from scalping. Remember this is not the only method you use to be a successful trader. There are many aspect to become one.
Thank you!
ACH Alchemy Pay investorsEarly investors in Alchemy Pay: Yahoo co-founder and former CEO Jerry Yang, Pantera Capital, Coinbase, SignalFire, Samsung, Stanford University, Google chairman and Stanford University President John L. Hennessy, Charles Schwab, LinkedIn co-founder Reid Hoffman, DFJ Growth, K5 Global, the Chainsmokers, actor Jared Leto and the Glazer family (owners of the Tampa Bay Buccaneers and Manchester United).
The latest financing brings its total raised to $95.5 million since it launched in 2017.
Alchemy has more than $300 million of investor demand wanting.
The current mk cap is 300Mil, so i expect e 10x from now based on investments and adoption.
My price target is between $1 to $2 short term.
It perfectly touched the Fibonacci retracement 0.618 and now it`s loading for the next target, 0.30usd.
Pantera Capital’s Paul Veradittakit about Alchemy: “While in Web 2.0, Microsoft, Apple and AWS are three of the most valuable companies in the world because they are the developer platform powering the computer and internet industries, Alchemy is primed to do the same for the blockchain”
Alchemy is the technology behind every major NFT platform, including MakersPlace, OpenSea, Nifty Gateway, SuperRare and CryptoPunks.
Joe Lau (CTO) of Alchemy: “Every time you interact with an NFT, you’re using Alchemy. It’s being powered by Alchemy underneath the hood.”
Enjoy!
ACH moving to 17c...what a rideTalk about a wild swing! Looking at key indicators it looks like it's moving back up to 17c....that's over 50% and likely more growth after that. Don't miss out on this great opportunity. Always do your DD and complement with your own analysis. I traded this puppy a few times flawlessly and wanted to share my insights. Happy trading folks!
ACH seeking .63 in next wavedidn't catch the patterns the first time because i was too busy FOMOing
looks like based off the retracements off the 2 previous highs that we're shooting for .63 with a bounce off .33 first
ACHUSD shortNice pump over the past 4 days... my guess is it will go down to .03 cents by the timeline period. on the chart.
New highs. Dip before the ripNot financial advice.
Same exact dip as the last two runs, about to see a big splash in buying volume.
RSI really cooled off here. So much room for activities!
I’m driving to work currently, I’ll update the idea more as soon as possible. Identical dips before the rip. Check the previous chart run ups!
$1 Billion+ Market Cap incomingNot Financial Advice.
Bull Run Continues here!
Lots of room to run
Flag looking for breakout and confirmation.
Really wish I could call into work right now lol
This is going to break the previous high. Looking for .33 cents However I have alerts higher up. Might see another great scalp opportunity here to near the .20- .24 cent area
gtg
GLTA!
I tried to warn you guys....Refill $ACH around .08$ACH had an epic pump and is now in correction, seeing the rejection at the .702 fib is a tell that this is going to break the previous low around 10 cents, this is not financial advice, just my own thoughts on the market. Do your own research,
Cheers!
ACH pushing for new highstrends are circulating around the main trend established a couple days ago, pointing for a return to ATH and seeking new highs in a day or 2. super long
ACH short term price targets I think $1 is extreme for now, lots of money coming in can see the fib levels getting hit but not sure how far this can go macro.
ACH to .15Not Financial advice.
Bulls in full force more PR Listed on Alchemy Pay Twitter Page!!
I believe we are seeing a slight dip here before the rip to .15 cents. Looking to consolidate after it reachs that and flag out more. Vertical lines are time points I believe this pans out.
GLTA!
wedge pattern - Strong Buywedge pattern - Strong Buy
First Target .088
Last Target $0.10
Stop-loss .060
ACH to .11 Flag continuationNot financial advice.
Continuation of the bulls in control here. Flag after flag.
Market cap is so low yet. if it hits $1 billion thats just above .30+ cents per coin. (This is listed on Coinbase, Coinbase Pro, Huobi)
Binance Partner
A lot of PR on Alchemy Pays' Twitter Highly suggest going to check that out.
Divergence on the rsi
Stoch is mid way, soon to get back up to the top to signal strength in movement.
Momentum is perking up.
ACHUSDT chart - check the weekly chart -> Stoch indicator is just perking up from the bottom. STRONG MOVEMENT INCOMING.
ACH Alchemy Pay lowest Mk cap listed on Coinbase 30X potentialAlchemy Pay is a leading crypto payment technology provider for fast & secure hybrid crypto-fiat payment systems.
About ACH Alchemy Pay:
Official payments partner of world’s leading e-commerce company - Shopify
Providing 1+ million online merchants crypto and fiat payment acceptance
Exclusive crypto payments partner of QFPay, Asia’s mobile payments leader
Over 1.2 million merchants can now accept cryptocurrencies using QFPay gateway
Member of Celo’s Alliance for Prosperity
Servicing CÉ LA VI’s World Renowned Destinations
Pricerite partner - First in Hong Kong Accepting Cryptocurrencies
Serving Arcadier e-Marketplaces in 130 Countries
Partnered with service provider for a fleet of 2,500 limousine drivers
Accepting Crypto, Mobile Wallets, Card payments even on the move
Molly Zheng, former CEO of Alchemy Pay, has over 20 years' experience in the payment processing industry, including serving as Senior Consultant at Paypal China, SVP at HSBC China, Director of GE Money, and Chief Representative of MasterCard China.
John Tan, new CEO: "we plan to debut our ACH Visa card to allow crypto holders to spend their crypto anywhere in the world that VISA is accepted, including great travel perks and 8% back in spending rewards."
ACH Alchemy Pay is now Ranked #357 on CoinMarketCap with a Mk cap of only $86Mil
By comparison, CRO, Crypto.com Coin, a competitor, has a Mk cap os$3.2Bil.
So CRO, not to mention MCO, is 37X more expensive right now.
I may be overoptimistic, but i think ACH Alchemy Pay has the intrinsic value to reach 30X from now.
This was also a private call on Patreon:
www.patreon.com
ACH Strong Bullish Momentum .04 incomingNot Financial advice.
Bullish traders in control here. Be careful with entries. Casino Play here. Low Market Cap intriguing for long term play. I Joined yesterday with the listing to Coinbase.
Pattern play to the upside.
ACHUSD $$$ Interesting play $$$www.alchemytech.io
Let us watch and see what happens here train wreck or cash money stream.
