APE - what's next?🐒After reaching the 2nd target from my previous idea...
...I think that Apecoin will be consolidating between the yellow trendlines and will create sort of triangle before next move. If that will be the case I will be ready to trade the breakout both ways.
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APEUSD
APE🦍 going berserk!APECOIN broke up this triangle📐 and I think there is chance for run to 20.5 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 13.57
STOPLOSS (SL) : local low @ 10.9
TARGET (TP) : TARGET1 - height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 20.5; TARGET2 - Resistance @ 26.5
REWARD RISK RATIO (RRR) : TARGET1 - 2.6 | TARGET2 - 4.8
INVALIDATION : when SL level hit
ETH/BTC currently at support so ALTs should be good to go:
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APEUSD targeting $34.00Apecoin (APEUSD), one of the hottest tokens in March - April, has been trading within a Channel Up since the April 18 low. The lower band (below the median) of the Channel has been dominating most of the price action, acting as a Buy Zone with the higher band, just momentarily forming Higher Highs and rejects the price on profit taking. This has happened twice so far.
As long as the 4H RSI Buy Zones hold, the price should either bounce on the Higher Lows trend-line of the Channel Up or on the 4H MA50 (blue trend-line). The target should be the top (Higher Highs trend-line) of the Channel Up, with our projection being around $34.00 which is the 2.0 Fibonacci extension from the March 18 High. As long as the 4H MA200 (orange trend-line) holds, the medium-term trend should continue to be bullish.
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APE - DON´T FOMOHey Guys, I saw a lot of people who FOMO in APE .. at 30th, APE launch his OTHERWISE Project .. this is the time where you have to watch APE closely. This could be time where big holders (there a lot of them) sell some of their APEs. AND this could be a good short opportunity for everyone.
NO FINANCIAL ADVICE | DYOR | HAPPY TRADING
APE Coin on it's way to $20 target!Traders,
I missed the first move out of this massive triangle. Is there still hope? I think so. I have a final target of $20 on this thing. Only one caution and it's pretty big right now ...Look at that RSI. A bit too rich for my blood right now. I'll be waiting for it to sit back down along with our price on support. And that is where I would make my entry. I am not a fan of buying anything with the RSI in overbought territory.
Best to you all!
- Stewdam.us
APEUSDT Are You Rdy Down??Enough monkeys come down from the treeEnough monkeys come down from the tree
Little by little, we must be ready for the fall of this currency.
Despite the very strong divergence that is observed, I say that this upward trend must end.
On the other hand, we have completed the Elliott Wave 5 waves and are ready for the wave.
Most importantly, when I say I have to come down, I have to come. No one can stop me.
Enough monkeys come down from the tree.
APE Short Setup!APE is currently forming an ascending channel pattern in 1h timeframe. waiting for the close of the current candle below the upward trendline. We also have a long-term trendline beneath the ascending channel pattern which is acting as trendline support.
as soon as the ascending channel short setup gets triggered please use the stop loss and take the profit target level from the screen!
Let's see and wait for the price action now!!!
The first transaction based on fundamental analysis "ApeCoin"The first transaction based on fundamental analysis "ApeCoin"
Fundamental analysis Very excellent news about the currency and its strong projects
We enter the transaction on technical analysis. Enter from anywhere above the drawn trend line. Stop loss by penetrating the trend line with a full candle 4 hours, body and tails.
target open
APE/USDT : Double Top formation below the ATH's resistanceBINANCE:APEUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
Recently $APE has broken above the formed symmetrical triangle and now it's right below the ATH's resistance with a Double-Top formation.
The current structure is giving us this opportunity to take a Short position on $APE's movement.
Risk management should be passive, Trading Setup :
🔻 Entry Pointe : $16.85 - $17.15 - $17.45
📍 Targets : $16.30 - $15.52 - $14.50 - $13.81 - $13.00
🟥 Overall stop-loss : $18.8
🔰 Status: 🟢
🧮 Profit:
- Have to mention that If we caught on Stop-Loss then, You can locate your Long with a TPs for $19.5 and $23.8
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@Helical_Trades
Update For APE/USDT Analysis 📈📉SUP GUYS ?!
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📊Technical
As you can see for apeusd chart in 4H timeframe , after listing on exchange it even saw $40 then went down and corrected , Since 1 month ago ape has printed lower highs and higher lows , and has been fluctuating in a supposed symmetrical triangle . so today I personally wait for a valid breakout then take a position whether long (more likely )or short
🛑resistance level: $13.14-13.26/// $13.88-14/// $15.28-15.58
🆚PIVOT :$12-12.21
❇️support levels: $11.45-11.56///$10.84-11/// $9.57-10///$7.27-8
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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Trading opportunity on APEUSDTBased on technical factors there is a short position in :
📊 APEUSDT ApeCoin
🔴 Short Now 16.7360
🧯 Stop loss 17.9200
🏹 Target 1 15.4000
🏹 Target 2 13.8500
🏹 Target 3 11.6000
💸Capital : 1%
We hope it is profitable for you ❤️
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APECOIN may continue to riseWe bring to your attention a modest trade, at a pair APEUSDT with a profit/loss ratio of more than 3 to 1
Balanced procurement area around $15
Stop below $13.69
Take profit in the area of $19.75-20.75
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APE cooling off - here's the entry level! Here's a quick look at the APE 30 min chart . As we can see, the price is cooling off in a falling wedge pattern after its massive move few days ago. A falling wedge pattern is a bullish pattern, hence we should keep an eye on this setup - especially at the breakout level. The best entry would be when the price breaks above 14.4$ with good amount of volume . Definitely one to keep an eye on!
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The idea is: Buy when the price breaks above 14.4$ and take profits at the levels shown in the chart.
Targets:
1. 14.75$
2. 15.5$
3. 16.5$
4. 17.3$
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!