ACEUSDT trade ideas
ACEUSDT UPDATEACE/USDT Technical Setup
Pattern: Falling Wedge Breakout
Current Price: $0.635
Target Price: $1.714
Target % Gain: 250.34%
Technical Analysis: ACE has broken out of a long-term falling wedge pattern on the 1D chart with strong bullish momentum. Volume has increased significantly, confirming the breakout with potential for a 250% upside move.
Time Frame: 1D
Risk Management Tip: Always use proper risk management.
ACE (SPOT - INVEST )BINANCE:ACEUSDT
ACE / USDT
(4H + 1D) time frames
analysis tools
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SMC
FVG
Trend lines
Fibonacci
Support & resistance
MACD Cross
EMA Cross
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Golden Advices.
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* Please calculate your losses before any entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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My total posts
www.tradingview.com
TECHNICAL ANALYSIS TAGALOGd : red
bb 50 below
rsi below 50
4hr: red
bb50: dt
rsi below 50
Right hand
double bottom
15: 3rd buga pababa na
bb 50 baba ng resistance line
note
- downtrend
-no excessive move tapos
na nung sunday night
price rejected on resistance line from left
pullback waiting if bounce
bias shorting
possible tabo tp 1.236
#ACE (SPOT) IN ( 1.700- 2.200) T.(8.000) SL(1.671)BINANCE:ACEUSDT
#ACE / USDT
Entry( 1.700- 2.200)
SL 1D close below 1.671
T1 3.300
T2 4.000
T3 4.800
T4 5.800
T5 8.000
______________________________________________________________
Golden Advices.
********************
* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
****************
My total posts
www.tradingview.com
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ACE LOOKS BULLISH (1D)It looks like it is going to finish the big C wave which is a triangle and enter the D wave.
Wave D is bullish.
We have two entry points marked on the chart.
The target can be 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
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 Looks BullishOn a larger scale, ACE is inside a large diametrical, which is now at the end of wave C.
Wave C is a triangle.
By maintaining the green range and KEY level, it can move to 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
#ACE , $ACE in a very nice range for a good profitfor Short term investors , for swing traders
#trading #cryptocurrencytrading #bitcoininvestments #bitcoin #Investing_Coins , #Investingcoins, #Crypto_investing, #Cryptoinvesting, #investing, (#BTC, CRYPTOCAP:BTC , #Manta, #OMNI, #DYM, #AI, #IO, #XAI , #ACE)
BINANCE:ACEUSDT
ACEUSDT Moving up soonACE has been in a downtrend for the past few months and recently it have been printing bullish divergences on the 3 days time frame which can indicate we wills see some bullish price action in the next few weeks.
Bullish divergences are form when the price action makes lower lows and the RSI makes higher highs. I have pointed some arrows up showing the lower lows and you wills see the RSI where it make the higher highs.
However take into consideration that this is not a guarantee long signal as sometimes it can get invalidated and we can go lower. I would say if it retest 1.50-1.90 and hold this level as support we can have a better entry for long.
Ace / Usdt BINANCE:ACEUSDT
Ace Coin with a focus on its current price level and resistance zones. If the price is holding steady at $2.3445, and if it breaks through the current resistance levels, the next potential resistance zones you’ve identified are between $2.534 and $3.1244.
Ace Coin is currently priced at $2.3445, and if it maintains this level, it could be poised for further gains. In technical analysis, if a price level holds steady and doesn’t fall, it often signals potential for upward movement. The next resistance zones identified for Ace Coin are between $2.534 and $3.1244.
Resistance zones are price levels where selling pressure is strong enough to potentially halt or reverse an upward trend. For Ace Coin, if it can break through the initial resistance at $2.534, it might face less resistance as it approaches the higher zone near $3.1244. This breakout could be seen as a bullish signal, suggesting that the coin has momentum and could continue appreciating.
Investors should monitor Ace Coin’s ability to hold its current price and watch for any significant volume or market news that might drive it past these resistance levels. It’s also important to consider broader market conditions and any fundamental factors impacting the coin. Always approach such investments with a clear strategy and risk management plan.
Disclaimer : I am Not Financial Adviser
ACEUSDT.1DUpon closely examining the ACE/USDT chart, several important technical details can be observed that help in determining the current market condition and potential future movements:
Technical Analysis
Resistance and Support Levels (R1, R2, S1):
The ACE/USDT pair is currently under a significant bearish trend, having previously descended from a high that tested resistance level R1 at around $4.393.
The market has established a clear downtrend marked by the downward-sloping red line, indicating sustained selling pressure.
The current price is near a historical support level, S1. The response of the price at this level could be crucial for short-term direction.
MACD Indicator:
The Moving Average Convergence Divergence (MACD) indicates a bearish momentum as the MACD line is below the signal line and continues to widen the gap, reinforcing the strength of the current downtrend.
The negative histogram values further validate the bearish sentiment prevalent in the market.
Zig Zag Indicator:
The Zig Zag pattern highlights the significant peaks and troughs, showing a clear downward trajectory. This pattern helps in identifying potential reversals or continuation of the trend.
Conclusion
The analysis of the ACE/USDT chart points to a bearish trend with critical support near the S1 level. Given the strength of the downward momentum indicated by the MACD, there is a high likelihood of continued bearish movement unless a significant reversal pattern emerges. Investors and traders should be cautious, as a break below the S1 level could lead to further declines. On the flip side, a bounce off this support might offer a short-term trading opportunity, albeit within a bearish context. Thus, monitoring the price action around S1 is imperative for those looking to trade based on technical signals. My strategy would involve preparing for potential downside but remaining alert for any signs of a bullish reversal, especially if other indicators begin to show divergences or if the price action suggests exhaustion of selling pressure.