#ACE
The price is moving in a downtrend on a 4-hour frame, within which the price moves and adheres to it to a large extent
We have a major support area at $8. We have a higher stability moving average of 100
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 9.00
The first target is 9.70
The second goal...
Ace perform a strong bearish but almost reach fibonacci 0.618 support level.
We can enter now or wait at 9.66 to enter long position with target at 12.4
If fibonacci failed to hold bearish, our next support at 8.867
My trading plan is simple, enter with 1% equity at 9.66
and buy back with 2% equity at 8.867
Good luck
ACE shows a large unique cup structure that i added a decent looking handle to that allows for bullish continuation.
I dont know the fundamentals of this coin but most of crypto is bullish right now so I am assuming that.
This is the 4Hr chart.
ACE still in bullish wave, and already touch fibonacci support.
Right now I have buyzone for ace at 10.977 - 11.60, with target level at 14.11 and maximum target at fibonacci 1.618 at 16.03
If ACE break down fibonacci support, our next support at 9.612
Good luck
ACEUSDt Technical analysis update
ACE formed an ascending triangle pattern on the 4-hour chart. The price recently exceeded the resistance zone of the triangle, which could indicate a potential bullish move.
Buy zone : Below $11.70
Stop loss : $11.00
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
ACE really did good run up to the upside but as we can see liquidated retailers by changing character to the downside but immediately did nice ChoCH on 1hr TF to the upside and I'm waiting for retest of the bullish OB below for another leg up to $20 at least..... Wait patiently for entry and long from there
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🔥 Price on the 15 MIN chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 13.6654 and 12.0724
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Share your Thoughts if you have any?
🔥 Price on the 15M chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 14.1078 and 13.0942
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Share your Thoughts if you have any?
After there was a major break above the key resistance, we could see a consolidation phase. Moreover, the price has gone down quite substantially and currently is right at the support uptrend trendline.
This is truly a good risk/reward buying opportunity, while we might be seeing a strong upside swing is about to begin.
The price broke previous resistance is now testing it as support. Approaching 200EMA will act as additional dynamic support. Current price levels are laying in the node of low volume which isn't ideal, but not tragic. I marked a possible channel with grey-dotted trendlines, but its bottom trendline doesn't look too reliable so I don't know if it will be respected,...
