📈 $ACE $USDT 4H Technical Analysis
A clean Bullish ABCD pattern has completed.
Price is now inside a confluence zone of harmonic support + price action demand 🔽
🟧 Support zone: 0.4574 – 0.4900
📌 D-point = 1.272 Fibonacci extension
▫️ Liquidity grab below previous lows
▫️ Wicks into demand zone
▫️ Early signs of buyer interest (small-bodied candles, rejection wicks)
🎯 Targets:
TP1: 0.54x (Fib 0.382)
TP2: 0.61x (Fib 0.618)
🛑 Invalidation below: 0.4574
Confirmation = bullish candlestick (e.g., engulfing, pin bar)
This is a strong reaction zone from both harmonic & price structure standpoint.
#ACE #Altcoins