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ACE / TetherUS PERPETUAL CONTRACT

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ACEUSDT.P trade ideas

Shorting Fusionist Ace - Target $8, Liquidation at $30Entry Point: $13 Target: $8 Liquidation Point: $30 Analysis and Rationale: I have decided to short Fusionist Ace, initiating my position at $13 with a target of $8. My analysis leads me to believe that the price of Fusionist Ace is set for a significant downturn, primarily due to the project's inability to deliver on its promises and objectives. Key Points: Failed Project Deliverables: Fusionist Ace has recently shown signs of struggle, failing to meet key milestones and deliverables. This failure has shaken investor confidence and suggests potential underlying issues with the project's management or technical capabilities. Market Sentiment: The general market sentiment towards Fusionist Ace is turning bearish. With growing skepticism in the community and among investors, a decrease in demand and price is highly likely. Technical Analysis: Chart patterns and technical indicators are aligning in a way that suggests a downward trajectory. Key support levels have been broken, and there's a lack of positive momentum to suggest any upcoming reversal. Risk Management: My liquidation point is set at $30. This is a conservative approach to ensure that I am safeguarded against unpredictable market swings or unforeseen positive developments related to Fusionist Ace. Conclusion: The combination of failed deliverables, negative market sentiment, and technical analysis leads me to conclude that shorting Fusionist Ace is a viable strategy. My expectation is that we will see the price hit the $8 mark in the foreseeable future. As always, I advise traders to conduct their own research and use proper risk management techniques.
Short
by sir-rekt-alot
ACE │ SHORT │ 25.12.2023BINANCE:ACEUSDT.P Signals for level breakout close retest of the level; the instrument gradually approaches the level; accumulation of energy for level breakout; consolidation near the level; decrease in trading volumes before the level; a clear zone beyond the level; there is no reaction to a strong instrument movement; no response to a false level breakout; there is a reserve of calculated ATR; there is a reserve of technical ATR; the instrument is not following the market. the instrument is stronger than the market the instrument is weaker than the market Order parameters (risk-to-reward ratio = 1 to 3/4/5) Open : 12.2286045; Stop loss : 12.3240820; Take profit : 11.9421720/ 11.8466945/ 11.7512170; Disclaimer Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration. Follow me and receive high-quality cryptocurrency market analysis!
Short
by phoenix_995
New: Binance Launches Fusionist (ACE)The Fusionist project amalgamates the elements of a blockchain game and a game/social infrastructure layer through Endurance. Fusionist, crafted by a team of seasoned gaming veterans, leverages Unity and HDRP technologies to promise an immersive gaming experience. Meanwhile, Endurance, a decentralized game/social blockchain already live since January 2023, provides an expansive infrastructure layer teeming with gaming and social options like Expeditions, Auction House, ACEdomain, and Beta testing. With over 1.86 million token-holding wallets and 100 million transactions to its credit since launch, Endurance boasts a rapidly growing user base and activity. At the core of this ecosystem lies ACE, the native token of Endurance Blockchain, wielding multi-faceted utility: In-Game Spending/Earning: Facilitating purchases, tournament tickets, rewards, and more within Fusionist and upcoming games under the Fusionist Team and its partners. Ecosystem Engagement: Enabling transactions for goods and services across the entire Endurance ecosystem, including social products and domains. Staking and Governance: Empowering ACE holders to stake tokens, bolster network security, and partake in crucial governance decisions. Endurance Blockchain Gas: Serving as the transactional fuel for all activities transpiring on the Endurance Blockchain. ...................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts