Ace Trading Academy - 30 Min Precision AnalysisInside of a trading zone between the two boxes. Do not trade in between the boxes wait until a break. If it breaks above the top box wait for a candle close and prepare for a buy. If closes above it would complete a W pattern. If breaks below the bottom box then let it break and wait for a retest. It is at a strong support zone right now and could push up off of it. If it closes back inside the upwards trend go back to trading inside the trend until another break of it.
ACE
$ACEUSDT my 2 cents EW count/ Wyckoff Counts $ACE $BTC$ACEUSDT my 2 cents EW count/ Wyckoff Counts $ACE $BTC
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ACEUSDT Technical Analysis
⏳ Spot
💎 ACEUSDT has formed asymmetrical triangle. After the breakout it is expected to go for a Pullback and retest the support zone. After the Bullish setup forms we can open or trades.
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🎳 Entry Now or from 0.14650 to 0.12529
☕️ TP1 0.16537
🍺 TP2 0.19186
🍻 TP3 0.22971
🍾 TP4 0.28042
🍷 TP5 0.34000
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.12529 to 0.11188
Good Luck 🎲
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ACEUSDT Continuation Triangle4hr close outside of the blue triangle will be considered a confirmation of direction (still possible to go down of course). I am expecting continuation to the upside with a target of $1.
This is not intended as financial advice and is intended for educational purposes only!
ACE is going down
ACE is long way for the uptrend and now ready to goes down. The stock came to its New Year Resistance and have a very hard time to pass through this wall.
With the Bearish Divergence, Multiple fault Big Volume breakouts and the Weak Momentum in Week graph, the stock could goes down for awhile.
The idea is to just short arond here and stoploss at 3.82 /OR/ wait for the breakdown the blue line at 3.60 and stoploss at 3.74 .
The first target price is its last base at the green line around 3.12