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Crypto4light
Apr 21, 2023 7:22 AM

ACA underwater, but divergency is huge  Long

ACA / TetherUSBinance

Description


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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