Aceusdtlong
ACEUSDT Trend Line Breakout!ACEUSDT Technical Analysis update
ACEUSDT is breaking its trend resistance line after 140 days of consolidation. Once the breakout is confirmed on the daily chart, we can expect a strong bullish move. The price has touched the 1.80 level multiple times and bounced back to resistance, but this time it has broken through the resistance line.
#ACE/USDT#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 5.50
First target 6.45
Second goal 7.47
Third goal 8.57
#ACE/USDT#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 is 10.98,
the third goal is 12.00
#ACE/USDT#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
ACEUSD Fibonacci supportAce 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/USDT Breakout Ascending Triangle. Bullish Momentum for ACE!💎 ACE has recently displayed significant market dynamics, breaking out of an ascending triangle pattern, which is typically considered bullish. This breakout suggests the potential for the price to continue its upward movement, probability of reaching our target area.
💎 However, if ACE fails to bounce during the retesting phase at the support level, which was previously a resistance, it could signal weakness in the bullish trend.
💎 A breakdown from this level would be a bearish sign, indicating a potential reversal to the downside. In such a scenario, the price may decline further, potentially finding support at the trendline or the demand area.
💎 The demand area is a critical level, as a bounce from this zone is necessary to sustain the upward momentum. If ACE fails to bounce from this area and breaks below it, it suggests a significant shift in market sentiment towards bearishness.
💎 This could lead to further downward movement, potentially breaching the trendline support and continuing the downtrend.
ACE/USDT - Acent: Super Trend◳◱ On the $ACE/ CRYPTOCAP:USDT chart, the Super Trend pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 9.3841 | 10.4912 | 12.2727 and support near 7.6026 | 6.9282 | 5.1467. Entering trades at 9.3594 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Acent
▣ Rank: 1914
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: N/A
▣ Overview: Acent project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 9.3594 ₮
▣ 24HVol: 14,331,992.102 ₮
▣ 24H Chng: 8.559%
▣ 7-Days Chng: -0.82%
▣ 1-Month Chng: -25.65%
▣ 3-Months Chng: 63.16%
◲◰ Pivot Points - Levels :
◥ Resistance: 9.3841 | 10.4912 | 12.2727
◢ Support: 7.6026 | 6.9282 | 5.1467
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -2.01
▣ Last 90D: 1.82
▣ Last 1-Y: 0.79
▣ Last 3-Y: 0.61
◲◰ Volatility :
▣ Last 30D: 1.31
▣ Last 90D: 5.54
▣ Last 1-Y: 3.14
▣ Last 3-Y: 3.05
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth ACEUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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