Everyone is watching Bitcoin, but $ACE /USDT just registered the RSI indicator at 31 on the 15-minute timeframe — is this the calm before the crash? 👀📉
$ACE — 🟢 SHORT | Confidence ratio: 85%
Trade plan:
* Entry zone: 0.209431 – 0.210609
* Stop Loss (SL): 0.224165
* First Take Profit (TP1): 0.199411
* Second Take Profit (TP2): 0.192339
* Third Take Profit (TP3): 0.181730
Why this trade?
* The trend on the 4-hour timeframe is bearish with a confidence of 85%, and the price movement looks directional rather than ranging.
* We’re watching the break of the 0.210020 level; the first target at 0.199411 is a drop of about 5%, while the stronger move is around 0.192339.
* The stop loss is set at 0.224165, giving the trade a risk-to-reward ratio above 1:3.
* Why now? The daily timeframe is still inside a range, but momentum on the 4-hour timeframe is clearly leaning toward sellers. Also, the 15-minute RSI is at 31.4, indicating sellers control the current move.
* This is a trend-based trade (Trend Trade), so we move along the path with the least resistance. There are no clear signals to bet on a reversal here — the trend remains your friend until it starts to reverse. 📉
Discussion question:
Is the break below 0.21 real and will it lead to further downside, or is it just a liquidity pull before bouncing toward 0.2217? 🤔
👇 Click here to trade
ACEUSDT — Perpetual
$ACE — 🟢 SHORT | Confidence ratio: 85%
Trade plan:
* Entry zone: 0.209431 – 0.210609
* Stop Loss (SL): 0.224165
* First Take Profit (TP1): 0.199411
* Second Take Profit (TP2): 0.192339
* Third Take Profit (TP3): 0.181730
Why this trade?
* The trend on the 4-hour timeframe is bearish with a confidence of 85%, and the price movement looks directional rather than ranging.
* We’re watching the break of the 0.210020 level; the first target at 0.199411 is a drop of about 5%, while the stronger move is around 0.192339.
* The stop loss is set at 0.224165, giving the trade a risk-to-reward ratio above 1:3.
* Why now? The daily timeframe is still inside a range, but momentum on the 4-hour timeframe is clearly leaning toward sellers. Also, the 15-minute RSI is at 31.4, indicating sellers control the current move.
* This is a trend-based trade (Trend Trade), so we move along the path with the least resistance. There are no clear signals to bet on a reversal here — the trend remains your friend until it starts to reverse. 📉
Discussion question:
Is the break below 0.21 real and will it lead to further downside, or is it just a liquidity pull before bouncing toward 0.2217? 🤔
👇 Click here to trade
ACEUSDT — Perpetual
