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.
Aceusdtperp
#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