ACE looks bearishFrom where we placed the red arrow on the chart, the ACE correction has started.
The pattern seems to be a diametric and we are now at the end of wave D.
By maintaining the red range, it can enter the E wave.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ACEUSDT.P trade ideas
ACE/USDTAce/usdt
Ace on the 4hr chart has been making higher lows and lower lows
but has currently Switched bullish on the daily/4hr time frames and is sitting at the daily order block. As long as this area holds we are still bullish.
Currently Waiting for the 1hr to change to bullish to take a entry
with the stop lose below the strong low to target the weak high.
Idea is invalided if we break and close a 4hr candle below 4.327
ACEUSDT,Time to take entry for massive gainWelcome, Trader. Welcome to our cryptocurrency community! 🚀We are delighted to welcome you, whether you are an experienced trader or a newcomer to cryptocurrency.
We are going to discussing #ACEUSDT 💹
#ACEUSDT 🔥🚀
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Update:
#ACE formed a bullish falling wedge pattern over a 6Hr time frame 👉✅.
We are waiting for the breakout and retest confirmation✅🎯.
In case of successful retest, We are expecting a minimum of 45% 💰 very soon .
Crypto Analyst Hub
ACE 29.05.24ACE 5.10-5.16 is an ideal long entry point. If BTC does not make a sudden dump, I predict that ACE coin will rebound from these levels, break the 5.7 resistance, and head toward the 6.63 resistance. Despite the risk, I am opening a small long position from these levels.
Entry1: 5.41
Entry2: 5.15
Stop: 5
TP1: 5.7
TP2: 6.61
It is advisable to be cautious as BTC is still facing selling pressure . In the event of a flash crash, ACE coin could drop to levels around 4.65-4.7.
What I write here serves as a note to myself. Does not include investment advice.
#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 Possible upcoming bullish reversalI'm not a financial advisor, and investing in cryptocurrencies involves risks.
Head and Shoulders Pattern:
The bearish head and shoulders pattern remain a prominent feature, confirming the previous analysis. The price broke below the neckline, indicating a bearish signal.
Descending Triangle:
The descending triangle pattern is still in play, with the price forming lower highs and testing the horizontal support around $4.75.
Trend Lines:
The blue descending trend lines continue to show the downtrend.
The short-term ascending blue trend lines indicate a potential bullish attempt to break out, but the price has struggled to maintain momentum above these lines.
Support and Resistance Levels:
Support: The horizontal line around $4.75 remains crucial. The price has tested this level multiple times.
Resistance: The yellow line at $12.50 marks a significant resistance level from previous highs, which is still far from the current price.
RSI Divergence:
The RSI shows a bullish divergence with the price, indicated by the upward-sloping white line. This suggests that while the price is making lower lows, the RSI is making higher lows, indicating potential weakening bearish momentum and a possible upcoming bullish reversal.
Volume Analysis:
Volume is shown at the bottom of the chart. Recent spikes in volume indicate increased trading activity during the attempts to break out of the consolidation range.
Higher volume during a breakout above the descending trend line would confirm a potential bullish reversal.
Current Price Action:
The price is currently at $4.943, slightly above the key support level. It shows a small bullish move (up 2.15%), which aligns with the RSI divergence suggesting potential bullish pressure.
Summary:
The head and shoulders pattern indicates a bearish outlook, but the bullish RSI divergence and recent price action suggest the potential for a reversal.
The descending triangle pattern points to a critical support level of around $4.75. A decisive break below this level would confirm further bearish movement.
Conversely, a breakout above the descending blue trend lines with high volume could signal a bullish reversal.
Next Steps:
For Bulls: Watch for a breakout above the descending trend lines with increased volume for a potential entry point.
For Bears: A breakdown below $4.75 with volume would confirm the bearish trend continuation.
Monitoring these key levels and indicators will be crucial for making informed trading decisions.
Possible Bear flag patternI'm not a financial advisor, and investing in cryptocurrencies involves risks.
The Bear flag pattern on a chart might indicate a potential downward move, but it's essential to consider various factors.
If the market condition continues to be bullish we might break to the upside.
The bearish target is around 2$
The bullish target is around 8.5$ but might go up high to 12.5$.
I have a spot bag with a good entry here but will open the hedge short once the Bear flag starts to break.
BINANCE:AIUSDT AI/USDT looks similar and I'm in
ace long setup ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
Head and shoulders patternI'm not a financial advisor, and investing in cryptocurrencies involves risks.
A Head and shoulders pattern on a chart might indicate a potential downtrend, but it's essential to consider various factors.
Head and shoulders pattern target around 6$, but I hope the support is gonna hold
#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
ACEUSDT Bullish Signals Point to 60% Potential IncreaseIn the ongoing trajectory of ACEUSDT, the trend persists upwards, characterized by consistent higher highs and higher lows. Concurrently, a notable adherence to the uptrend trendline is evident upon examination of the daily chart. Particularly noteworthy is the decisive bounce off the 127.2% Fibonacci support level, occurring as the price briefly dipped below the uptrend trendline. This resilient response underscores the robust defense by bulls around the $11.60 mark.
In summary, the prevailing indicators strongly suggest that the uptrend remains unbroken. In fact, I anticipate a minimum 60% price surge, with ACE setting its sights on the 327.2% Fibonacci resistance level at $18.50.
ACEUSDT 12HYou can put a small risk(with 3~5% of your capital) on #ACE. Ascending triangle formation on 12H timeframe. Currently, it is testing the resistance zone several times which makes it weaker and weaker. A massive bullish wave can be coming at any time. So be ready for the new ATH
Targets are:
$15.4965
$17.4898
$20.3278
$23.9429
$30.9366
$34.3827
$40.8358
ACE/USDT Poised for a Bull Run? 👀🚀ACE Analysis💎Paradisers, let's focus on #ACEUSDT, where the current trends hint at a potential bullish rebound from a vital support area.
💎Reviewing #Fusionist's latest market activity, we notice a significant 50% drop from its recent high. Yet, the steadfastness at the support level of $8.26 suggests an opening for an upward movement.
💎Despite the challenge of surpassing new highs or previous milestones, leading to a temporary bearish sentiment, the $8.26 level is crucial for #ACE. This point is teetering on the edge of sparking a substantial bullish wave with a fresh assessment.
💎As strategic traders, we're always equipped with a plan B. If #ACE declines further from this support, we're aiming for a bullish revival starting from the next support at $7.22. It's important to remember, however, that a fall through this marker could signal the start of more profound bearish trends.
💎Keep your strategies adaptable and your eyes on the market, Paradisers. Your ParadiseTeam is diligently tracking, ready to navigate you through these evolving market conditions.
