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As requested, I'm charting ACA ACA has been cascading down, but is forming a bullish falling wedge in the 1D chart. Candles are still moving within the wedge. Hence, we don't have any confirmations yet. Since BTC Dominance is pushing the alts down lately, it's best to wait for this token to drop to its next 1D support before making an entry. The next strong support is at 0.1338. FOLLOW me for more chart update. If you'd like me to check your chart, comment token below. #TrendingTopic #BTC #TechnicalAnalysis #Marketupdate #ACA Chart 👇

As requested, I'm charting ACA

ACA has been cascading down, but is forming a bullish falling wedge in the 1D chart. Candles are still moving within the wedge. Hence, we don't have any confirmations yet.

Since BTC Dominance is pushing the alts down lately, it's best to wait for this token to drop to its next 1D support before making an entry. The next strong support is at 0.1338.

FOLLOW me for more chart update. If you'd like me to check your chart, comment token below.

#TrendingTopic #BTC #TechnicalAnalysis #Marketupdate #ACA

Chart 👇

Жауапкершіліктен бас тарту туралы мәлімдеме: үшінші тараптардың пікірлері бар. Қаржылық кеңес емес. Ішінде жарнамалық контент болуы мүмкін. Шарттар мен талаптарды қараңыз.
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Exchanges are delisting tokens every now and then without giving the public the exact reason is scary. The practice adds up to the market dangers that traders are facing. The idea that these exchanges can just suddenly withdraw support, leaving you with a token whose value is down to the dumps, is horrifying. It's good that they are protecting the general investing public, but as an investor, we deserve to know why they arrived at such a horrible decision. This practice has to change or else people will no longer patronize alts knowing a centralized exchange can just kick it out. Or worst people will hate every CEX and avoids them in the future. Moreover, delisting a token for lack of volume is brutal. In that case, people will no longer buy tokens with low volume because it surely can get delisted anytime. So how will these tokens boost their volume if people are already avoiding them? It's like rubbing salt to an open wound. Just speaking my mind and hoping for change😔. BTW, binance is going to delist XEM, OMG, WAVE and others in the comming days. These are huge tokens guys. Feeling so sad for the investors. FOLLOW for more
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Same thoughts ❤️
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Have you guys checked the gainers list lately? The gaming tokens are currently trending. They're pumping wildly👀. If you haven't checked or noticed, see the screenshot posted below. Top six in the gainers list are gaming and most of the tokens gaining now are gaming tokens too. By the way, we're currently riding the alt season. I still feel bad for the delisted tokens. They should have postponed the delisting during the bear market. 😭 FOLLOW for more.
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Since a lot has been delisted recently, let's analyze together, how an exchage delisting will affect a token. 1. It will drag the price down Most tokens will fall to as low as 20%-50%. That brutal. 2. It will decrease its volume. Expect a volume cut to as much as 50% right after the delisting. 3. The number of holders will decrease. The exchange wallet holding the token will be closed. Hence, right after the delisting a number of holders will instantly disappear in the contract. Delisting is brutal to a token. Recovery usually takes time, since a token has to build up its name and the investors trust. Only a token designed to be unbreakable like #Pitbull can smoothly grace through it. Check pitbull contract to confirm this fact. When #Pitbull was delisted for lack of volume, it only sped up PIT's burning mechanism. Token is designed to burn 2% of it in every transaction. More than 60% of pit has been burned in a span of three years. Token is getting scarce as time goes. 👀Pitbull is in line to become the next binance newbie. It is nominated in binance futures next. If it wins, PITBULL will be trading in binance. You can vote for it, to boost its rank. 😉 FOLLOW for more
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As requested by a follower, let's take a peek at SHIB. After a quick rally to the moon, SHIB is unfortunately back down. Is a 300% pump still a Shiba inu target? 🤔 Let's annalize together. 1. SHIB is a huge market cap coin, and can even pass as a king of meme, next to DOGE of course. Hence, it'll definitely take so much time before it'll be able to move a candle to the upside. In simple words, it will take so much money to move a single percentage of this token. Hence, if you're investing in SHIB, patience is always gold. If you're in a hurry, go for low cap, rug proof memes like #Pitbull 2. Let's go straight to the chart. For your reference, it is attached below. 😁 Good news is, the 16% rally we witnessed a few days ago has managed to break a strong resistance in the daily chart. Hence, a bigger double bottom has formed in the same chart. Price is however down, and is settling at a strong daily support. If this support can push the price up again, its going to form an inverse H&S. 3. The daily KDJ oscillator is loud and clear bullish. A rally back to 0.000035 is highly probable, and can even go up to as high as 0. 00007. Yup 300% is still the SHIB target. FOLLOW for more. #altcoins
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