It is the same pattern, the difference is that Alchemy Pay (ACHUSDT) is stronger than most and thus reveals what is coming to the rest of the market.
Let's do this one more time because once we change themes it won't be repeated, but repetition is good for learning.
- We have the low set late December 2022. - The strong bullish wave followed, early 2023. - This is followed by a correction ending mid-March. - And then the bullish breakout/resumption of the initial move...
This is the same as other pairs.
The difference is that ACHUSDT bounced off the 0.618 Fib. retracement level while others moved to test the 0.786 Fib. and some others even lower yet, they all recovered within a strong higher low compared to Dec./Jan.
This chart is revealing because it is strong. ACHUSDT is moving forward, growing above EMA10 with bullish indicators, both MACD and RSI... Just noticed that I can see the moon from this chair.
So many pairs are within this same exact pattern. Some are not quite clear, some people are going bearish because of confusion but remember, "what one does, the rest follows"...
Not one but dozens if not hundreds already moved to hit new highs. Tens of thousands ended their correction mid-March.
All of them grew in January 2023...
So all of them will continue to move together which means that we are set for additional growth.
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