💀ApeCoin💀 Analyze (Road Map)🗺️(03/20/2023)!!!Today, I want to update the 🗺️road map🗺️ of ApeCoin.
ApeCoin is making a Double Three Correction(WXY) these months, So that the main wave X followed the Double Three Correction structure(WXY).
ApeCoin has started microwave 5 of microwave A of main wave Y.
If we look at the 4-hour time frame, the double top pattern can be a sign of the completion of microwave 4 of microwave A of the main wave Y.👇
I expect the end of microwave A of the main wave Y to be in the 🟡Price Reversal Zone(PRZ/$3.33-$2.95)🟡& near the downtrend line that I 🎯marked🎯on the chart.
ApeCoin Analyze ( APEUSDT ), Daily Time frame⏰(Log Scale)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
APE
looking at bottoming on APE soonAlthough the ongoing frivolous court case has gotten the price lower than expected I do believe we are going to bottom on APE tomorrow (3/17/23) at around $3.20. This will be the end of the falling wedge pattern I have been following this past month and also coincides with the 0.786 fib retracement level. My guess is we bottom out here tomorrow due to the pattern ending and major fib level support and/or the announcement the court case has been dismissed.
APE this weekAMC/APE has their vote for a 1:1 conversion on Tuesday 3/14. All AMC and APE votes will be counted but due to the pending lawsuit only the AMC share count will be released to the public. If the vote for conversion and reverse split with AMC shares only is a Yes vote to both then the lawsuit will essentially be null and void.
If this happens the APE price by Wednesday at open will imo will at least get to the neckline of the Inverse H&S at $3.50. I believe as soon as the dismissal of the then defunct lawsuit is announced the target for the pattern of ~$6.35 will be hit shortly after as long as AMC does not crater with the announcement. In that case I expect both to converge in the $4-5 range while awaiting the conversion and reverse split.
If the initial vote with AMC only shares is a no then I expect APE to go towards $1.20 support with a massive upwards move on AMC. I find this scenario much less likely.
Looking at the APE chart there are so many indicators pointing to the 3.50 target. Bullish divergence on RSI and volume, the shoulders at near an identical level, RSI very oversold etc.
Not financial advice but a lot of money to be made with minimal risk here.
APE IS BEARISH Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the APE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
APE - Potentially UndervaluedAPE is finally consolidating near the 200ema and seems to be holding. We are slightly overbought but I think there is an argument for accumulation. I got limit filled around 1.79 , Not financial advice, DYOR.
it's time to falling for APEUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
*************************************************
if you want to enter in this position:
Enter Price: 4.8165
Target1: 4.9190
Target2: 4.9850
Target3(Final Target): 5.1001
Stoploss: 4.6163
*************************************************
Guy's if this idea was useful and it was intresting for you please follow for more
don't forget do comment and like my idea
doing and living in the best quality
thanks of all of you dear's ;)
Rise of the Planet of the APEs 🦧Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
🦧 APE has been overall bullish trading inside the rising broadening wedge in blue and is now retesting the lower bound.
Moreover, the zone 4.5 - 5.0 is a strong weekly support zone .
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support zone and lower blue/red trendlines . (acting as non-horizontal support)
As per my trading style:
As APE approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich