ACE continues to fall below its moving averages
🔴 Short
$ACE /USDT: We expect the price to fall
Direction: Short · Strong
Entry: 0.141838 – 0.142422
Target 1: 0.138165 (-2.8%)
Target 2: 0.135521 (-4.6%)
Target 3: 0.131556 (-7.4%)
Stop loss: 0.147417 (+3.7%)
Plan: Enter only within the range, close 50% at Target 1, 25% at Target 2, and 25% at Target 3, and move the stop loss to the entry price after Target 1 is reached.
Why short? 6/12 signals agree, with no opposing signals.
• 4-hour trend is bearish (price below EMA50 and EMA200)
• 1-hour trend is bearish (price below EMA50 and EMA200)
• Sellers are leading the move (15-minute ADX at 23.3)
$ACE #ACE