The ONDO strategy we discussed earlier played out nicely, and those of you who followed along are sitting pretty. Opportunities often open up only after the trap has sprung, and $ACE is looking a bit like that right now. On both the four-hour and one-hour charts, price is still capped below the moving averages. Each rebound is weaker than the last, and sellers are still in control.
There’s no need to rush into a trade. Let’s wait for the price to return to the area above before considering an entry. Until the structure turns, I’m leaning toward further downside. Of course, price has drifted a bit far from the moving averages, so a sudden bounce would be perfectly normal. Just keep that in mind, and don’t let a single bullish candle throw you off.
🔴 Trade direction: Short
📍 Entry range: 0.129609 – 0.130003
🛑 Stop-loss: 0.135232
🎯 Take-profit 1: 0.125736
🎯 Take-profit 2: 0.123023
🎯 Take-profit 3: 0.118954
There’s no need to chase the trend—the winds of opportunity will settle in on their own.
Stand alongside Sister Li, and let every moment leave its mark.
#ACE
Click below to trade 👇
There’s no need to rush into a trade. Let’s wait for the price to return to the area above before considering an entry. Until the structure turns, I’m leaning toward further downside. Of course, price has drifted a bit far from the moving averages, so a sudden bounce would be perfectly normal. Just keep that in mind, and don’t let a single bullish candle throw you off.
🔴 Trade direction: Short
📍 Entry range: 0.129609 – 0.130003
🛑 Stop-loss: 0.135232
🎯 Take-profit 1: 0.125736
🎯 Take-profit 2: 0.123023
🎯 Take-profit 3: 0.118954
There’s no need to chase the trend—the winds of opportunity will settle in on their own.
Stand alongside Sister Li, and let every moment leave its mark.
#ACE
Click below to trade 👇