The pattern here is textbook—higher highs, higher lows. When you've got that kind of structure holding up, it tells you something's under control, at least for now.
What caught my attention is the confluence zone we're sitting in right now. You're looking at the 0.618 Fibonacci retracement level lining up perfectly with the 20-month simple moving average. That's the kind of technical setup where price tends to respect boundaries.
Honestly? I'm not sure which direction this wants to break yet. But here's what matters—we're parked at a legitimate support area. If the higher low holds from here, that's your confirmation that the uptrend isn't finished. Watch how price interacts with this zone. The reaction will tell you everything.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
7
Repost
Share
Comment
0/400
PrivacyMaximalist
· 13h ago
0.618 Fibonacci meets the 20-month moving average; this kind of resonance definitely has some significance.
View OriginalReply0
SpeakWithHatOn
· 13h ago
0.618 and the 20-month moving average are perfectly aligned, which is indeed significant. However, this brother said "not sure how to break it," so I am even less certain haha
---
Higher highs and higher lows, this framework really has no flaws. Let’s see how long it can hold up
---
The support zone is indeed there, but what if it really breaks? That’s the real point of interest
---
I've heard the term "confluence zone" a hundred times... whether the price respects the boundaries still depends on market sentiment
---
Wait, he said the high and low point structure... is this theory useful in contracts?
View OriginalReply0
FortuneTeller42
· 13h ago
0.618 Fibonacci card is on the moving average line, and this situation is indeed a bit particular. I'm just worried that if this support breaks, the whole story will be rewritten. We'll see the reaction then.
View OriginalReply0
MentalWealthHarvester
· 13h ago
That 0.618 level is indeed solid, but such critical points are often traps... Let's see who can hold up.
View OriginalReply0
HodlAndChill
· 13h ago
NGL, this convergence point is truly amazing, with the 0.618 Fibonacci perfectly aligned with the 20-month moving average... This is the moment when the price respects the boundary.
If support holds, the uptrend isn't over yet; let's see how it performs next.
View OriginalReply0
Gm_Gn_Merchant
· 13h ago
Well, this confluence zone is indeed interesting; the 0.618 and the 20-month moving average are really close together.
View OriginalReply0
SocialAnxietyStaker
· 14h ago
0.618 aligns with the 20-month moving average, and this setup is indeed quite interesting. Let's see if it can hold.
ACHR Monthly Analysis
The pattern here is textbook—higher highs, higher lows. When you've got that kind of structure holding up, it tells you something's under control, at least for now.
What caught my attention is the confluence zone we're sitting in right now. You're looking at the 0.618 Fibonacci retracement level lining up perfectly with the 20-month simple moving average. That's the kind of technical setup where price tends to respect boundaries.
Honestly? I'm not sure which direction this wants to break yet. But here's what matters—we're parked at a legitimate support area. If the higher low holds from here, that's your confirmation that the uptrend isn't finished. Watch how price interacts with this zone. The reaction will tell you everything.