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esva-trader
10 de Out de 2021 08:31

ACH Bearish Scenario 

Alchemy Pay / Tether USDHTX

Descrição

Bearish scenario to possible bottom / reversal.

Huobi early days 2nd level support.

ATL / ATH .786 Retracement.

Daily RSI moving to oversold.

Descending wedge.

Watch for possible Daily RSI bullish divergence.

200 Day MA pushing up to previous support and .786 retracement.

.04 ish would be a high probability entry if this scenario plays out.

Keep an eye out for a news catalyst.
Comentários
Ahmad010
Is .04 still there??
esva-trader
@Ahmad010, It's looking less likely with the overall market sentiment but not ruling it out just yet. 6 cent support is holding fairly well.
PtSp86
ma100 support. forget bear scenario
esva-trader
@KhaN_opo_86, Agreed, that 100 MA is strong on the daily.
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