Add a Spot coin that my friends should put on their watchlist: #ACHUSDT .
$ACH has just made a breakout out of a prolonged downtrend line. After that, it formed a fairly nice backtest wave, and it’s currently rebounding upward again. This is a sign that the breakout zone is being accepted by the market.
What I see as positive is that the trading volume has surged strongly compared to previous sessions, indicating that money flow is starting to return to $ACH . When price moves together with rising volume, the probability of maintaining the trend will be higher than a breakout without liquidity.
$ACH has just made a breakout out of a prolonged downtrend line. After that, it formed a fairly nice backtest wave, and it’s currently rebounding upward again. This is a sign that the breakout zone is being accepted by the market.
What I see as positive is that the trading volume has surged strongly compared to previous sessions, indicating that money flow is starting to return to $ACH . When price moves together with rising volume, the probability of maintaining the trend will be higher than a breakout without liquidity.
