AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox


• Price surged to 0.0752 before consolidating near 0.074
• Volume spiked during late ET hours, with turnover peaking near 0.075
• RSI approached overbought territory during bullish breakout
At 12:00 ET on 2025-11-09, ACXUSDT opened at 0.0729, reached a high of 0.0752, and closed at 0.0751 after a volatile 24-hour session. Total volume traded was 3,766,212, and notional turnover amounted to 265.27 USD.
The 15-minute OHLCV data reveals a strong upward bias after mid-ET hours. A bullish breakout above 0.0741 triggered follow-through buying, with a peak at 0.0752. Price found initial support at 0.0736 and 0.0731 before resuming the rally. The consolidation around 0.074–0.0745 suggests a potential pivot point for near-term direction. A key resistance level appears near 0.0753, which may act as a magnet for further buying if retested with conviction.
Bollinger Bands show expansion during the rally, suggesting heightened volatility and increased
. The RSI approached overbought territory (around 70) during the breakout but has since pulled back, indicating some profit-taking. MACD lines crossed above the signal line, signaling a bullish crossover that aligns with the recent price action. However, divergence between volume and price during the 0.0741–0.0752 move raises some caution.Fibonacci levels at 0.0739 (38.2%) and 0.075 (61.8%) may offer reference points for potential pullbacks or continuation moves. The 20-period EMA on the 15-minute chart moved upward, confirming the bullish tilt.

The backtesting strategy relies on identifying Hammer patterns and Bullish-Engulfing patterns to define long entries. These patterns are critical for triggering buy signals during pullbacks within an uptrend. However, the data retrieval system failed to supply the required pattern dates for ACXUSDT between 2022 and 2025. To proceed, we have two options: retry the request with narrower date ranges, or provide the pattern dates manually. Either approach will enable us to test the efficacy of these candlestick formations as entry triggers against the 20/50 EMA, MACD, and RSI metrics.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Dec.06 2025

Dec.06 2025

Dec.06 2025

Dec.06 2025

Dec.06 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet