ACAUSDT Reversal ACAUSDT showing some revival sign volume and investors showing signs of buying
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Disclaimer: This is not a Financial Advice Do your own Research
ACAUSDT.P trade ideas
Acala Network - Falling Node Wedge Pattern!Greetings, Traders! Today, I want to share an exciting technical analysis finding on the trading pair of ACA (the native token of Acala Network) and USDT (Tether). A falling wedge pattern has been identified, indicating the potential for a bullish reversal in the near future. Let's delve into the details!
📈 Trading Pair: ACA/USDT
📅 Timeframe: Daily Chart
📊 Pattern: Falling Wedge
📉 Understanding the Falling Wedge Pattern:
A falling wedge is a bullish chart pattern characterized by converging trendlines that slope downward. Typically formed during a downtrend, it suggests diminishing selling pressure and the potential for a reversal. This pattern indicates the possibility of an upward price movement.
🔍 Identifying the Falling Wedge on ACA/USDT:
Upon analyzing the daily chart of ACA/USDT, the following observations come to light:
1️⃣ Recent downtrend: The trading pair has experienced a decline in price over the past weeks.
2️⃣ Converging trendlines: The upper trendline connects the lower highs, while the lower trendline connects the lower lows.
3️⃣ Decreasing trading volume: As the falling wedge pattern forms, the trading volume has been declining, indicating a potential reduction in selling pressure.
📈 Price Targets and Trading Strategy:
If the falling wedge pattern on ACA/USDT plays out as anticipated, a potential bullish breakout above the upper trendline may occur, leading to a reversal and potential price appreciation. Consider the following price targets:
1️⃣ Target 1: Resistance level near $2.50
2️⃣ Target 2: Psychological resistance near $3.00
🛡️ Risk Management:
Managing risk is essential for successful trading. Implement the following risk management techniques:
1️⃣ Set a stop-loss order below the lower trendline to protect against unexpected price movements.
2️⃣ Adjust position size based on your risk tolerance and overall portfolio management strategy.
🔔 Conclusion:
Keep a close eye on the ACA/USDT trading pair as it develops this falling wedge pattern. The pattern suggests the potential for a bullish reversal on the horizon. However, please note that technical analysis is not infallible, and market conditions can change rapidly. Combine this analysis with other relevant factors before making any trading decisions.
Disclaimer: This post is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a qualified financial professional before making any investment decisions.
Happy Trading! 📈💰
#tradingview #technicalanalysis #fallingwedgepattern #ACA #USDT #AcalaNetwork #cryptotrading #chartpatterns #bullishreversal #tradingstrategies #investing #finance #marketanalysis
ACA/USDT 1D. Fall out of channel. Manipulation.Here's coin in DOT ecosystem - Acala network.
Though it has problems with its stable coin etc. there's space for earning money. Here's how.
There was an accumulation channel(logic of the current movements). In it the volume was accumulated.
Now there;s a break down of this channel. Price is dumping. The meaning of it - is how i've already described - collection of stop losses.
From the support price has now dropped 37% down. We've come to the first support and potential reversal zone 0.545$. 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.
Aca Getting Ready For Solid recovery Seems Like has Already Bottomed Out & Getting ready for solid recovery Forming Falling Wedge In daily tf Incase Of breakout expecting 180 to 200% bullish Move in Midterm
ACAUSDT | ready for a bullish impulse#ACA/USDT
- The price has been consolidating in the range of 0.1 and 0.17 for a four months now.
- and this range may creates trade opportunity as follow:
#ACA/USDT
🟢Entry price: from now at 0.1035 to 0.095
🎯Targets:
|> 0.12
|> 0.138
|> 0.155
🔴Stop-loss: Daily candle closes under 0.09
➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 3%
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if you missed! here are some of our recent Altcoin trades that are available to enter :
#COCOS/USDT | full details trade!
MANA | The breakout of a bullish flag !
FILUSDT | expecting the rally with the top around HKEX:8
#ACA#ACA
📮Buy level : Above $ 0.1
🎯Target: $ 0.1360
🚫Stop loss: Below $ 0.096
💠Always keep Stop loss
Aca Looks Promising For Midterm Seems Like Has already bottomed Out
Forming Falling Wedge In Daily Timeframe
Rsi Printed Massive Bullish Divergence incase Of Breakout expecting 200 to 220% bullish Move
Keep Eyes On Aca For breakout
ACA/USDT Scalp Trade AnalysisBased on the analysis of the ACA/USDT scalp chart, it is recommended to enter a position at a price of $0.0931. The targets for this trade are set at $0.0994, $0.110, and $0.1182, respectively. In order to limit potential losses, it is advisable to set a stop loss at $0.0881.
It is important to note that the ACA cryptocurrency is currently in a bearish trend, and has recently broken its all-time low. Therefore, it is essential to only enter this trade if the price reaches the specified entry point of $0.0931. Once the order is filled, it is recommended to place the stop loss at $0.0881 to minimize potential losses.
Overall, it is important to approach this trade with a professional mindset and adhere to proper risk management techniques.
ACA with possible golden cross incomingenter on 2hr ... looking for a support bounce - with golden cross incoming ( possible )
Not Financial Advice
This is for Entertainment Only
Finally Aca Time Has Come symmetrical triangle Has Already Broken
Major trendline Has Already Broken Seems Like Aca Has already bottomed Out expecting 100 to 120% bulish Move
Acala looks interesting Whatever happened with the project lately is in the past looking ahead looks like it will be breaking out soon
ACAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for ACAUSDT
There is R1 in this chart which used to be a support line and it represents the well support of price clearly. And S1 used to be a resistance area with the unsuccessful triumphs of price to rise at it. Hence, we have the price fluctuating over S1 and we expect it would involve two options. Either the price will provide us some rising signs and the rise of price toward R1 or even higher is obvious. Or it is possible that the price expresses some falling signs and moves below S1 and subsequently more fall is predicted for it. Note that every piece of information or detail would be necessary for having less risky trades and more profits.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ACAUSDTAcala is an all-in-one decentralized finance network offering a blockchain platform secured by Polkadot, as well as a suite of cross-chain financial applications that let users trade on Acala Swap, issue self-serviced loans with the Acala Dollar stablecoin (aUSD), become liquidity providers, access staking derivatives with Liquid DOT staking (LDOT), and earn high-interest APY on their digital assets. The network is scalable, Ethereum-compatible, and optimized for DeFi. The network will also be bridged to Ethereum, Bitcoin, and other networks such as Compound Gateway, for which Acala received an inaugural grant from Compound. Acala is building hybrid crypto and fintech products with US fintech company, Current, to bring DeFi yield to Current's three million U.S customers. You can try Acala's Apps on testnet today.
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
aca usdt 20XAcala was founded in Oct 2019, and today has received five Web3 Foundation grants, has backing from Coinbase Ventures, Pantera Capital, Polychain Capital, and other top firms, and has a distributed team in New Zealand, China, Europe, South America, and the United States.
The decentralized network is governed entirely by Acala Token (ACA), which also servers as the utility token for operating the network.
