ACH (Alchemy Pay) – Long Setup
ACH is displaying a constructive bullish setup.
Price has broken above the RSI downtrend resistance, signaling a potential momentum shift. At the same time, ACH is holding a well-defined support zone, which strengthens the bullish bias.
Based on this confluence, I’m looking to execute a long position with controlled risk.
Trade Plan
Entry: 0.008
Leverage: 6x
Stop Loss: 0.0075
Targets
TP1: 0.0092
→ Close 40% and move SL to entry
TP2: 0.010
→ Close remaining position
Outlook: Bullish continuation if support holds
Risk Management: Tight stop, partial profit-taking, capital protection prioritized
This setup offers a favorable risk-to-reward ratio, supported by RSI confirmation and market structure.
As always, trade with discipline.
ACH is displaying a constructive bullish setup.
Price has broken above the RSI downtrend resistance, signaling a potential momentum shift. At the same time, ACH is holding a well-defined support zone, which strengthens the bullish bias.
Based on this confluence, I’m looking to execute a long position with controlled risk.
Trade Plan
Entry: 0.008
Leverage: 6x
Stop Loss: 0.0075
Targets
TP1: 0.0092
→ Close 40% and move SL to entry
TP2: 0.010
→ Close remaining position
Outlook: Bullish continuation if support holds
Risk Management: Tight stop, partial profit-taking, capital protection prioritized
This setup offers a favorable risk-to-reward ratio, supported by RSI confirmation and market structure.
As always, trade with discipline.