#APE/USDT 1D (ByBit) Small falling wedge near breakout

ApeCoin just printed a morning star, reversal towards 100EMA seems around the corner, at least short-term.

⚡️⚡️ #APE/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.6X)
Amount: 5.1%

Current Price:
1.888

Entry Targets:
1) 1.885

Take-Profit Targets:
1) 2.458

Stop Targets:
1) 1.598

Published By: @Zblaba

$NYSE:APE #APEUSDT #ApeCoin #NFT

Risk/Reward= 1:2
Expected Profit= +79%
Possible Loss= -39.6%
Estimated Gaintime= 4-6 weeks

apecoin.com

Trade active

ByBit USDT
#APE/USDT All entry targets achieved
Average Entry Price: 1.885 💵

Note

⚡️⚡️ #APE/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.6X)
Amount: 5.1%

Entry Targets:
1) 1.885 ✅

Take-Profit Targets:
1) 2.458

Stop Targets:
1) 1.885

Published By: @Zblaba

$NYSE:APE almost hit TP on that first wick up but got rejected on 50MA (gray), sending it down to ATL.
Fortunately stop held very nicely and price bounced back on time, regaining 50MA as support.

Road to 100EMA (orange) resistance seems likely, SL adjusted to BE in any case!

Order cancelled

ByBit USDT
#APE/USDT Stoploss ⛔️
Profit: 0.0% 📈

$NYSE:APE did not manage to stay above 50MA and retraced down to entry, we are out.

TradingOn

Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.