It seems that wave E of the ACE diametric has ended and the price is entering wave F of this diametric.
By maintaining the green range, it can move towards the red box.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
From where we placed the red arrow on the chart, the ACE correction has started.
The pattern seems to be a diametric and we are now at the end of wave D.
By maintaining the red range, it can enter the E wave.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't...
#ACE
The price is moving within a bearish channel on a 12-hour frame and is strongly committed to it.
We have a support area at 4.40 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is...
#ACE
The price is moving in a horizontal triangle for 1 day and we have a green support area at level 11
We have a higher stability moving average of 100
Now we have a nice breakout coming up
Our RSI indicator has a well reliable upward trend
Entry price is 12.26
First target 13.71
Second goal 15.12
Third goal 17
#ACE
The price has been moving in a downward channel since December 20, 2023
The price is expected to bounce up again and break the pattern upward
In successive upward waves
Current price 9.10
First goal 9.54
Second goal 10.54
Third goal 11.88
#ACE
The price is moving in a bearish channel on the 4-hour frame
Currently, we have touched the upper border of the channel, and some correction is expected
We have oversold conditions on the MACD indicator
Entry price is 8.00
The first target is 8.85
The second goal is 10.277
Third goal 11.81
ACEUSDT Technical analysis update
ACE price has broken through its trend resistance line and is currently trading above its 100 and 200-day EMAs. This could indicate a potential uptrend
Buy zone : Below $9.34
Stop loss : $8.75
Regards
Hexa
⏳ Spot
💎 ACEUSDT has formed asymmetrical triangle. After the breakout it is expected to go for a Pullback and retest the support zone. After the Bullish setup forms we can open or trades.
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry Now or from 0.14650 to 0.12529
☕️ TP1 0.16537
🍺 TP2 0.19186
🍻 TP3 0.22971
🍾 TP4 0.28042
🍷 TP5 0.34000
🍸 TP6
🍹...
