$ACX
#acx $acx
Lets go into the chart , Here 4h time frame , acx-usdt pair .
acx formed falling channel in the 4h time frame and the price moves respectfully between the parallel channel . Meanwhile acx is forming double bottom pattern ,which is not complete yet.
The price moves downward with lower highs and lower lows, indicating a reversal bullish trend , IF THE BREAKS THE RESISTANCE LINE .
The support level at $0.1304 is crucial for maintaining the price above this point. If the price breaks below this level, it may indicate further bearish movement. If it can break above the resistance level of $0.1585, it could signal a bullish trend.
Long - $ 0.14
Sl- $ 0.1177
Tp1- $ 0.1889 (Short term target )
Tp2-$ 0.2165 (Mid term target )
Tp3-$ 0.2828 (Long term target )
Note - Before diving into Long or Short, read carefully above analysis , and Do Your Own Analysis.