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APE

[ALTCOIN]APEUSDT TREND LINE ANALYSISHello, everyone We're a team that specializes in chart analysis We will always analyze and provide you with charts to help you sell There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong. If you read the point of view and get to know the line, every line will adjust Thank you. ------------------------------------------------------------------------------------------------ Chart Analysis Content - It broke through the sky blue upward trend and fell further, creating a red thick upward trend, reaching its current position. From a trend line analysis point of view, it is currently climbing along the blue line, which is a short-term upward trend, and if it breaks the purple thick downward trend, it will lead to an additional rise. In addition, the order block sale price around $14 is important, and the current decline and maintaining the upward trend is gathering strength to go up to the order block.
Long
by BIT_INVEST
APE's Situation ExplainedAPE is in a Bearish Flag Pattern and It means the Price Is gonna Fall Soon But also We can Forget about That Pattern and Consider that an Ascending Channel Is On The chart. In that case The Price is gonna Increase! So Since there are no Break outs, As soon as a Break out Happens, we can Make a Decision about it. In Bearish Case Price will Reach 3$. in Bullish Case Price will reach 23$. -APE Is in a Bearish Flag and also an Ascending Channel -The Price can Go Both Bearish and Bullish Way and we shall See what is gonna Happen Soon -Bearish :3$, Bullish 23$ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
11
buying the #Ape hereIt has not been easy trying to work out a direction on Ape because of the volatility in movement over the past few weeks. Kind of like random pumps and dumps. So why do I think it will break the down trend? Well I think trends are liquidity traps set up by the market to entice sellers to sell the trend line. So with this is mind I am expecting the exchanges, which are acting like bankers, to take out those seller once they are confident enough twats have been got sucked into selling. This is how they liquidate your accounts.
Long
by Skinwah
2
APE back to $5 and RSI TAOne of my favorite and most helpful tools when doing TA is identifying patterns on the RSI. Many understand that patterns like wedges and channels are extremely helpful in increasing the probability of a trade but many don't know that you can do the same with the RSI. I have a few examples of this on my page but here's another one before the fact. The RSI broke the ascending triangle to the downside and is in the middle of a bearish retest and potential rejection. When the RSI breaks down before prices it usually means prices will follow.
COINBASE:APEUSDShort
by CryptoNCoffee
3
What's Next On APE (complete analysis)Interesting fact about the current APE situation here I give detailed analysis. First, Ape breakdown from the overall 70% Fibonacci retracement which is unlikely, then it went further to break the 100% Fib. retracement again this is very unusual considering how bullish the APE market was but it happened due the the overall catalyst (BTC, UST, LUNA). Now here comes the big question, are we done with the downtrend? Yes we are. How? On the right hand side you can see that a break of structure (BOS) occurred causing the manipulator, market monger, stop loss hunter (whatever name you give them) to take/provide liquidity, wait that's not enough, yea but I have more. On the chart you can see where I annotate HL(higher low) and LL(lower low) while the RSI indicator forms the opposite LL,HL which is a strong bullish divergence Now we have 2 scenarios the symmetrical triangle or the descending triangle. If the symmetrical triangle breaks down, you might want to watch out for the descending triangle before exiting the trade if you check my previous analysis on symmetrical triangle you will notice I mostly have 2-3 backup plan for it. Unless I see a divergence at the oversold region of the RSI or again some unfavourable fundamental news and of course possibly BTC dump, I am holding my long position on APE. Build your buy/long position in between the 0.78 Fib. retracement and 1.00 Fib. retracement price level and set your stop loss at $6.55 for mid - long term while for short term set stop loss at the breakdown of the symmetrical triangle to the especially if price closes below the 100% ret. level ($7.280). Have a suggestion? What do you think comment below, like and share also see t.me/dewycandles for records of profit bagged from our APE analysis.
Long
by DewyCandles
2