ACA underwater, but divergency is huge
Possible Targets and explanation idea
ACA brand new coin so we don't have a lot of data for indicators but here is what the main things what you should know
➡️Based on Accumulation Distribution indicator on Weekly you can see we formed huge divergency
➡️Trade long time period under -0.27 level by weekly fib (bullish accumulation zone)
➡️Leave 2 main Weekly IMB zones which most likely we will come back to trade
➡️0.28 / 0.46 / 0.81 main rejection zones. Visualisation by line.
➡️When ACA reach 0.81 everyone start posting "we are going to the moon" and after we will see correction
➡️2 main signals to Buy by "Trade on" indicator on weekly (bullish)
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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Acalausd
Acala - Daily These are my keylevels for Acala.
There is a nice bullish trend + an ascending triangle on 2D.
ACA/USDT 1D. Fall out of channel. Manipulation.Here's coin in DOT ecosystem - Acala network.
Though it has problems with its stable coin etc. there's space for earning money. Here's how.
There was an accumulation channel(logic of the current movements). In it the volume was accumulated.
Now there;s a break down of this channel. Price is dumping. The meaning of it - is how i've already described - collection of stop losses.
From the support price has now dropped 37% down. We've come to the first support and potential reversal zone 0.545$. Yellow level.
The second one is on the chart.
When dropping out of that horizontal channel we had - the downtrend channel started to form, this is when we speak about technical side of this potential manipulation.
Now as you can notice on the chart - the price is on the support of this downtrend channel.
Hence we can at least work locally from the support considering potential bounce of the price.
Acala Token (ACA) formed bullish Gartley for upto 82% pumpHi dear friends, hope you are well and welcome to the new trade setup of Acala Token ( ACA ) with US Dollar pair.
Recently we caught a nice almost 28% pump of ACA as below:
Now on a daily time frame, ACA has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Acala Token (ACA) forming bullish Gartley for upto 76.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Acala Token ( ACA ) with US Dollar pair.
Previously we caught a nice pump of ACA as below:
Now on a 4-hr time frame, ACA has almost formed a bullish Gartley pattrn.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Acala Token (ACA) formed bullish Gartley for upto 32.5% pumpHi dear friends, hope you are well and welcome to the new trade setup of Acala Token ( ACA ) with Bitcoin pair.
Previously we had a very nice trade of ACA:
Now on a 4-hr time frame, ACA has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Acala Token (ACA) formed bullish Gartley for upto 23% pumpHi dear friends, hope you are well and welcome to the new trade setup of Acala Token ( ACA ) with US Dollar pair.
Recently we had a nice trade of ACA:
Now again on a 4-hr time frame, ACA has formed bullish Gartley pattern. There is also a strong support of $ 1.135, below the potential reversal zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
What is Acala ?Acala is the decentralized finance network and liquidity hub of Polkadot. It’s a layer-1 smart contract platform that’s scalable, Ethereum-compatible, and optimized for DeFi with built-in liquidity and ready-made financial applications. With its trustless exchange, decentralized stablecoin (aUSD), DOT Liquid Staking (LDOT), and EVM+, Acala lets developers access the best of Ethereum and the full power of Substrate