ApeCoin Perfect Ascending Channel Leads To 115%We have a bullish breakout from a perfect ascending channel on the ApeCoin (APEUSDT) pair/chart.
As APEUSDT moves above this channel, prices are now also trading above EMA50 with a strong RSI.
Bearish trading volume has been decreasing since May which is another bullish signals.
We can expect additional growth.
Namaste.
APE
APE/USDI believe the ape is getting ready to roar keep an eye on this one been watching it for some time now and believe it is ready to break out. There has been strong pressure both directions. Something is going to give most of the time it will pop up and burn a double play and then some. So stop on by and play some ape and see what happens looking for a dp here buy in 0.06 sell 12.5-13.5. Spread the word bird.
APE still on tract for a breakoutAPE had a slight downtrend because of the market and dollar gaining ground affecting all crypto. We are still range bound and on track for the next move. APE can be very volatile so be prepared for $0.50-$0.65 cent movements. These movements seem to always recover in time and it happens because of short market sells hoping to hit stop losses. This causes the big swings.
Tip:
Dont panic sell, and becareful with your stops. If you have alot of shares you could end up hearting yourself even more that where your stop is set. For example, i had 3k shares, stopped out at $6, but my average was $5.812 cents. Decreased way than expected and right after the stop hit it went right back up to 5c below my stop hit. If you have 3k+ shares you could see your stop loosing an additional 10-20 cents with market sells. This is why shorts are short selling big shares market style. Keep those stops with limits to protect your profit. There are alot of bears shorting ape because of the big downtrend its had in the past, but like with all bear markets they eventually end. There liquidation time is coming.
APE rising above EMA on the Daily. First target $10.53APE still moving up on the Daily on target to go well above the ribben. Frist target is $10.53
💡Don't miss the great buy opportunity in APEUSD @apecoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (5.2594).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. APEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 6.2687
TP2= @ 6.7935
TP3= @ 7.4879
TP4= @ 8.4132
TP5= @ 9.7907
SL= Break below S2
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💡Don't miss the great buy opportunity in APEUSD @apecoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (5.2594).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. APEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 6.2687
TP2= @ 6.7935
TP3= @ 7.4879
TP4= @ 8.4132
TP5= @ 9.7907
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ApeCoin BeforeBreakout | Plan Before Trading (215% Target)This one here is yet to breakout... BEFORE the action starts.
ApeCoin vs Tether (APEUSDT) is showing a volume breakout after multiple reversal signals based on candlestick reading.
This can lead to higher prices if there is follow up.
Since the charts can always change;
Since the market direction can always change;
Since everything is changing every hour, every day...
We need a plan before we trade.
Namaste.
APE COIN - Inflation Gone Bananas 🍌🦍Inflation fever and we ought to be careful.
When reality knocks Bananas become an expensive little luxury...
Time for a short here, once again:
One Love,
the FXPROFESSOR
PS. It will be time for bananas again sooner or later..for now we stick to the bread and the butter
Bingo! APE SHORTSo previously on my last post I said if ape cross my green trendline, it will go to the abyss and it did. Depending on what BtC does, ape will follow. BtC and ape daily indicators are telling me we still have more downside. I might take some profits off my ape shorts when BtC is @ 18500 and 17500.
APECOIN APE - Bullish on Yuga Labs EcosystemAPECOIN APEUSDT - Bullish on Yuga Labs Ecosystem
Currently no position - Looking at building spot
Watching reaction at the 618fib 4.02/bottom of current micro uptrend off the lows
Looking to long in this area on support volume/swapping into some spot
Will add on further breakdown
A short is possible on the rejection here at 4.322 with a reverse or close to long at the 618
Also watching this 4.322 area if we get a move back above and a hold of this level on retest could be a long setup.
These are the levels I am watching
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
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 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