ACA / BitcoinLong
Acala Token | Reversal Candle & Volume (150% Potential)
Here we have an interesting one... Notice on the left side of the chart, late October 2023, the "reversal candle." After this candle prices start to rise; the initial breakout. Then a higher low and high volume comes in. A strong bullish wave.
The same dynamics are now repeating after a major lower low. The lower low is positive because it means that the bears had all the action they needed and wanted.
Mid-August, there is a "reversal candle," another one. This leads to the initial bullish breakout, prices start to rise. This breakout leads to a higher low, this is what I mention in the Bitcoin trade-idea on the section about the "altcoins market update."
Notice how trading volume rises strongly today, on this higher low. This is the start of a new bullish wave (the resumption of the bullish move after the initial breakout).
Additional details on the chart (targets).
Thank you for reading.
Namaste.
The same dynamics are now repeating after a major lower low. The lower low is positive because it means that the bears had all the action they needed and wanted.
Mid-August, there is a "reversal candle," another one. This leads to the initial bullish breakout, prices start to rise. This breakout leads to a higher low, this is what I mention in the Bitcoin trade-idea on the section about the "altcoins market update."
Notice how trading volume rises strongly today, on this higher low. This is the start of a new bullish wave (the resumption of the bullish move after the initial breakout).
Additional details on the chart (targets).
Thank you for reading.
Namaste.
🔥 PREMIUM Trade-Numbers
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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