ACEUSDT trade ideas
ACE Double Bottom? Reversal Possible Hello. Today...We have.. Just a brief idea for ACE from a TA perspective as usual.
My guess is that IF the AltCoin market starts to recover..as we have seen in the last couple of days.. ACE can also recover.
Because this is a newer coin.. there is more risk involved HODL-ing it..
However. The reverse side of the 'coin' is that it can go into price discovery mode both ways-
meaning it has very little upside resistance after these targets will be reached
Many bullish indicators including KDJ - On-Chart
ACEUSDT 240m Short OppotunityI have identified a recent establishment of a resistance level on the 240-minute chart for the ACEUSDT pair. In light of this observation, I have opted to assume a short position, undertaking a calculated risk equivalent to approximately 2.5% of my trading account. This decision is based on a strategic evaluation of the market dynamics, with the intention of capitalizing on potential downward price movements. By adhering to prudent risk management principles, I aim to navigate the market with a disciplined approach, aligning my trading activities with a carefully considered risk-reward profile for optimal portfolio preservation and potential profitability.
ACE long setup hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
"ACE/USDT Long Trade: Breaking Wedge, Retest, and Upside Potenti"ACE/USDT Long Trade Alert 🚀
ACE breaks falling wedge, now retesting.
Entry: Current Market Price (CMP), add more up to 9.0081.
Targets: Aiming for 60-80% gains.
Stop Loss: If any 2-hour candle closes back inside the wedge.
Leverage: 5x to 10x.
R:R (Risk-Reward Ratio): 1:6 (Lucrative).
Use leverage wisely, DYOR.
Not financial advice.
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.
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.
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ACE CHoCHACE 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
Follow for more market update and trade setup
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.
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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.
ACE - Patience is a virtueNew and trending token, massive volume.
Do not underestimate new launches on binance, especially in a high liquidity environment that crypto is in right now. ACE can creep down a little longer, since it just came out, but a move UP is inevitable in my opinion. Most likely it will be a large candle up at any point in the next couple of weeks.