Apecoinanalysis
Is APE on the rebound?I heard an analyst mention how APE has yet to complete its 5th wave cycle.
I dont know how to chart waves just yet, but this is my first attempt at using fib extension tool.
One thing that does make sense to me naturally is the golden ratio, so hopefuly im using this tool correctly!
All things considered I believe APE has one last good run in before a major possible correction
Something im looking out for
Green Dash = Entry
Yellow Dash = fib plot point on peak candle
Good luck Traders!
Im a noob beginner analyst, careful using my predictions !
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 🐋
APEUSDT 1D Where is it safe to buy Apecoin Now the cryptocurrency market is at a total crossroads: some want to go up as soon as possible to get out of the deposit drawdown, others down - to have an even better purchase price.
But we do not control the market, and "our wanted" are worthless, so we only trade the probabilities of price movements.
Therefore, we share with you our assumptions of where we will buy Apecoin, depending on the behavior of the crypto market in the future.
1) Wait until the price APEUSDT is fixed above $5.90-6.00 Consolidation above the liquidity zone, will allow you to enter the long with more confidence with the expected result of +55%
2) If the cryptocurrency market will make another correction, but without updating the minimum. Then a set of long positions APEUSD in the range of $3.50-3.75 will be justified
3) If the price of BTCUSDT will update the minimum, and possibly go to $14,500. It is very likely that in this situation, most altcoins will update their lows 2022. In this case, it will be justified to issue a purchase order for $1.70 in case of heavy spillage.
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ApeCoin (APE) formed bullish Gartley for upto 656% massive rallyHi dear friends, hope you are well and welcome to the new trade setup of ApeCoin (APE).
On a weekly time frame, APE has formed a bullish Gartley:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
$APE to fall from these levels? $3-10 before bouncingTo me, it looks like $APE just found resistance in the $17 region after forming a lower high on the 4HR chart.
Now I think this sets up the possibility for APE to fall much lower from these levels. I think from here, price will likely go back to test the bullish trendline and ultimately end up breaking it to find it's first key support in the $10 region.
However, from there I think price will likely break the $10 support and find it's real support in the $3-8 area.
Let's see how this plays out over the coming weeks.
APEUSDT Fibonacci Circle Analysis 5/19/22Using the Fibonacci circle tool we can plot trend lines along bullish and bearish areas
A trend line can be plotted horizontally against the 1.618 level of the middle circle (green dotted line)
This shows an alignment with a bottom point earlier in the coin and where we are now (green rectangle).
2.618 of left and right circles gives us the position and allows comparison (blue)
It can be then drawn from comparison that price is currently undergoing a similar pattern to the earlier blue circle. Which are the same formations just on different scales (the first being a lot smaller)
The similar pattern being a double bottom.