APECOIN (BAYC NFT) Potential Long Set Up
This NFT token/coin went from less than $7 to $17 in a mere several hours after its listing on major exchanges. 
APE has retraced back down to the 0.236 level and may even retrace lower due to the volatility and usual price action of such coins. A cup and handle formation is forming or; past tensed; formed and cup and handle formations usually indicate price movement whether it be downward or upward, in this case, the latter.
WARNING!!! This trade setup is a very risky one and if anybody does decide to enter it please use 1% of your capital, 3% max. there aren't enough candles for me to properly analyze this coin but as for myself, I will be entering a long position once the price goes drops to the indicated prices under the long position tool.
Entry Targets: 12.27 - 14.50
TP: 15.18 - 16.08 - 16.54 - 17.14 - In the scenario, it keeps going up for "unknown reasons" keep it running as a free moon bag!
SL: 12.10
APE has retraced back down to the 0.236 level and may even retrace lower due to the volatility and usual price action of such coins. A cup and handle formation is forming or; past tensed; formed and cup and handle formations usually indicate price movement whether it be downward or upward, in this case, the latter. WARNING!!! This trade setup is a very risky one and if anybody does decide to enter it please use 1% of your capital, 3% max. there aren't enough candles for me to properly analyze this coin but as for myself, I will be entering a long position once the price goes drops to the indicated prices under the long position tool.
Entry Targets: 12.27 - 14.50
TP: 15.18 - 16.08 - 16.54 - 17.14 - In the scenario, it keeps going up for "unknown reasons" keep it running as a free moon bag!
SL: 12.10
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