ACALA - UPDATE

Updated

This project lacks awareness hence the sluggishness but it has potential. Right now the next accumulation is at the 60-79% Fibonacci level and this is the new norms since the previous move 12345-orange is a Leading Diagonal and one thing about Diagonal is that it is mostly followed by a deep retracement - we will be consolidation here for quite some time.

PREVIOUS ANALYSIS

OTHER ANALYSIS

CONSTITUTION DAO (PEOPLE) CLOSED AT 40% SINCE LAST POST

USD/JPY - OF ALL PAIRS I CHOOSE USDJPY TO START WITH

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Starting my update from As you can see, price is reacting nicely to the analysis and I believe this is a good region to get in on ACALA. I expect pie o bounce from this current zone $0.09 an rally at least 60-90% on spot.

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Not exactly the path I drew but it sure reached the DCA box. 0.0310 has become my definite invalidation level for especially for this scenario.

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UPDATE

DewyCandles

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