Get started

Acabtclong

#ACA/USDT#ACA The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 0.0340 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.0377 First target 0.0404 Second target 0.0435 Third target 0.0474
Long
by CryptoAnalystSignal
$ACA/#BTC [#Acala Token]: BBand_Breakout_&_Resistance_Breakout◳◱ Hey crypto lovers, we've identified bullish signals on the $ACA / $BTC chart through the detection of both a Bollinger Band and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.00000636 | 0.00000686 | 0.00000791 and the major support zones are at 0.00000531 | 0.00000476 | 0.00000371. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00000624 ₿ ▣ 24HVol: 19.545 ₿ ▣ 24hChng: 4.874% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00000636 | 0.00000686 | 0.00000791 ◢ Support: 0.00000531 | 0.00000476 | 0.00000371 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is N/A ▣ In-depth ACABTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF