South Korea Restricts Crypto Stock Exposures in ETFs
South Korea's Regulatory Guidance: The Financial Supervisory Service (FSS) of South Korea has instructed asset managers to limit crypto-related stock exposure in ETFs, particularly concerning companies like Coinbase, reflecting a cautious regulatory stance towards virtual assets.
Impact on Crypto Investments: This guidance aims to mitigate risks associated with crypto stocks and aligns traditional financial products with existing regulations, indicating a trend towards more conservative investment strategies amidst ongoing scrutiny of the crypto market.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for ACE
Technical Sentiment Analysis for Fusionist (ACE) As of , Fusionist (ACE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ACE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ACE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Fusionist (ACE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0574 | 0.104 | 0.147 | 0.194 | 0.237 | 0.284 | 0.327 |
| Fibonacci | 0.104 | 0.138 | 0.159 | 0.194 | 0.228 | 0.249 | 0.284 |
About ACE
About the author
