APEs are exhaustedseems like we are seeing a rejection from the 0.618 Fibonacci level on the daily impulse for the apes. since we are still in the bear market there is a good chance we can see a swing to make a lower low.
I'm also seeing a partial take profit from the bulls which bought ape at around 3$.
please like and share this idea.
APE
Ape possbile targetsOn daily chart we see a cup-handle formation with a possible target of 6.9$ if it can break over 5.12 if it can't on lower time charts we see possible double top and H&S formation with targets of 4.92$ and 4.68$
If the market decides a bounce up we can say that ape wants to go over 6$. 6$ is an important resistance if ape breaks through 6$, journey to 10$ will ve easier than that of 3-6$ journey. But the big question is will market let it. Probably not..
If market chooses to test lowers ape's lower time chart formations will work and take it back to 4.9$-4.6$
APE - Monkeys don't like summerReasons to take short if BTC allows:
⭐️ Trendline is 3 days long
⭐️ Trendline is clean
⭐️ Price is squeezing to the trendline
⭐️ Volume appeared at top
⭐️ Buyer is getting weaker
⭐️ 4th touch
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
#APE / #USDT : Analysishello? Traders, welcome.
Notes related to this analysis :
- We have a strong downtrend on this chart
-The price has hit the ceiling of the descending channel
-------------------------------------
I think we have an excellent and profitable position with good risk and reward
Check this chart and write your opinion
-------------------------------------
If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day
APE USDT analysisAPEUSDT , This is a newbie
And its history reaches about 4 months
So you can't have a very strong analysis
But it seems that it does not have strong growth power at the moment
It should be seen which way the behavior of the whales is
If the price of bitcoin remains below $20,000 in this area, there is a possibility of a fall and the profit limit of this analysis
ApeCoin - Downtrend BrokenApe coins dominant downtrend has been broken. In a similar fashion to the prior point at 0.786 which led to a greater breakout upwards.
Right now price is at .236 and could either break out, or move downwards above the downtrend. Both of these scenarios are possible.
I hope for a break out.
$APE/USDT 4h (#BinanceFutures) Descending trendline breakoutApeCoin is pulling back to 50MA support and is forming a bullish flag on Low TF, looks ready for a rally!
Current Price= 4.251
Buy Entry= 4.231 - 3.917
Take Profit= 4.790 | 5.452 | 6.113
Stop Loss= 3.499
Risk/Reward= 1:1.25 | 1:2.4 | 1:3.55
Expected Profit= +17.57% | +33.82% | +50.05%
Possible Loss= -14.11%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 10 days
Tags: #APE #APEUSDT #Metaverse #NFT #Gaming #Web3 #Creation #DAO #Governance #DeFi
Website: apecoin.com
Contract:
#ERC20 0x4d224452801aced8b2f0aebe155379bb5d594381
ape situationHI GUYZ
According to the previous analysis, this currency touched the target price targets.
In the current situation, we see a saturation zone in the price range. $ 4.5 to $ 5.
But there is a possibility of a price knot in the $ 3.5 area.
Also, our main resistance is in the $ 5.6 area, and if this area breaks, we can touch the $ 7 level. But in my opinion, this will not happen soon.
Also, the founders of this currency intend to maintain the price of this currency with good news, which will maintain the selling pressure.
In general, I consider the prices of $ 4 and $ 3 to be possible for short-term fluctuations in this currency
APE COIN the last chance (bottom) and the range market 📖🚀Hello 🐋
Based on the chart, the price is close to the channel resistance and the major support (bottom) or better to say the zone that released from there ✔️
we
expect to see gain besides the range market is an acceptable scenario too 📖💡🚀
and
if the price breaks the range area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
📈APE: the highly possible scenario!APE is looking stonger than 99% of other alts. This NFT tocken grow by 74% since the dump. It`s a good result. Also we don`t see the volume growth, which can tell us that the big player are not going to sell and price don`t make deep pullback if BTC will not continue the huge fall.
But some local pullbacks for acumulation liquidity by big players is highly possible in current market conditions.
Now the price return to the big value area of $4.14-4.82 which is support. The big player can push the price lower to collect more liquidity.
The volume should grow! Why? Because the growing volume shows us the preesence of big buyer or seller, If we will see the growing volume at the bottom this shows us the pressence of big buyer and his willingness to push the price higher.
The next big support is value area of $3.32-3.73 but the price can reach this support only if BTC fall to 17-18k again.
After the squeeze to the trendline and breakout price can reach the new highs. The closest targets are the key level of $5.58 and $6-6.38 value area.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
APE - monkey needs some sleep🐒💤Reasons to take short:
⭐️ BTC bearish
⭐️ Trendline 10 days long
⭐️ Trendline is clean
⭐️ Had false breakdown
⭐️ Trapped bulls
⭐️ Price is squeezing to the trendline
⭐️ 5th touch
⭐️ 50 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
APEUSDT🔥 Descending Channel📉Subscribe to the channel to receive new information about the cryptocurrency market✅
Hello everyone👋
The APE asset has formed a descending channel on the daily timeframe, the price has broken through the middle of the channel and is approaching the retest of the upper limit, I expect a rebound down to zone 4$