ACE / TetherUS
Long
Aggiornato

#ACE/USDT LONG

325
#ACE

The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.

We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.

There is a key support zone in green at 0.270. The price has bounced from this zone multiple times and is expected to bounce again.

We have a trend towards stability above the 100-period moving average, as we are moving close to it, which supports the upward movement.

Entry price: 0.276
First target: 0.286
Second target: 0.298
Third target: 0.312

Stop loss: Below the support zone in green.

Don't forget a simple thing: capital management.

For inquiries, please leave a comment.

Thank you.
Trade attivo
istantanea
#ACE
First target: 0.286 Reached
Second target: 0.298 Reached
Trade chiuso: obiettivo raggiunto
istantanea
#ACE
First target: 0.286 Reached
Second target: 0.298 Reached
Third target: 0.312 Reached

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