Bullish Divergence keep it simple and wait for the bullish divergence to finish loading while finding a bottom.
ACEUSDT.P trade ideas
#ACE , $ACE in a very nice range for a good profitfor Short term investors , for swing traders
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BINANCE:ACEUSDT
ACEUSDTACE ~ 1D
#ACE If you have Conviction on this coin,. This support block would be a very good buy for now.
ACE potential ACE / USDT
Price printed Falling wedge breakout retest in HTF, also spotted some volume and movement recently into it
Note: don’t know the fundamentals about this token #DYOR
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.
ACEUSDTACE ~ 2D ✅
#ACE If you have Conviction on this coin,. You need to pay attention to this chart.
Make purchases gradually after breaking through the resistance line of this descending pattern.
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.
ACEExpected scenario for ACE: It is anticipated that the currency will decline to levels around $1.7, from which it will start to rise, targeting a 300% to 400% increase. Be cautious of market volatility and be prepared for risks.
ACE/USDT NEW INCREASE VOLUMEThe latest data shows that ACE might increase in volume after the market drop. We will keep watching to see if this coin can rise in the coming time.
We will monitor this coin to check for any confirmations.
ACEUSDT It time to change your luck and become richer ACHUSD is in bullish state making HH and HL and broken the strong resistance.
It can go up to 10 in the long Run.
ACE looks bullishIt seems that wave E of the ACE diametric has ended and the price is entering wave F of this diametric.
By maintaining the green range, it can move towards 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 Long setupWait for entry on this and take a perfect long after entry mitigated or set an order as displayed on the chart analysis
Follow for more free trade and trade setup
LONG #ACEUSDT1h TF. For about a week, the instrument has been in lateral movement, we formed an hourly slope confirmed by several touches, as well as an excellent cascade behind it, the breakdown of which I will consider for continued growth, after removing liquidity for a minimum of $ 2.92, we saw an increase in activity from the buyer and an impulse preload under resistance, from the current I expect to see an acceleration of the price and an exit higher into the breakdown of the marked cascade with the potential to move towards the $ 3.40 mark
ACEUSDTWe can attempt to short ACEUSDT from specified level as it making LH , also 0.5 FIB level intact indicate that it moves downward.
SL , TP mention in chart.
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
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
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 $4.75 with volume would confirm the bearish trend continuation.
Monitoring these key levels and indicators will be crucial for making informed trading decisions.
time for long This is just my opinion and not financial advice. time for long This is just my opinion and not financial advice. NSE:ACE can bounce slightly to wave 4 according to what is shown in the chart.
Possible Bear flag patternI'm not a financial advisor, and investing in cryptocurrencies involves risks.
The Bear flag pattern on a chart might indicate a potential downward move, but it's essential to consider various factors.
If the market condition continues to be bullish we might break to the upside.
The bearish target is around 2$
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
