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APEUSDT

APEUSDTHello dear friends On the daily time frame, the positive divergence of the RSI with the downtrend line has created a bearish wedge pattern for us. Until the $5.584 range is fully consumed, the bullish outlook is weak. But if the range of $2.618 is maintained, we can hope for the completion of the wedge pattern. On lower timeframes, the drawn bearish scenario is very likely. However, if the range of $2.618 is maintained, the possibility of a bullish scenario will also be strengthened. We would be happy to hear your comments
by FiboTech
2
APE: Channel Down BreakoutTrade setup : Bullish breakout from Channel Down pattern and above $4 resistance, which confirm the channel breakout and price could revisit $5 next. (set a price alert). Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $3.00. The nearest Resistance Zone is $4.00, which it broke, then $5.00, and $6.00.
Long
by altFINS
1
APE USDT shortWe had a great run and APE is performing very well in this bear market, the staking news pushed the price from 2.8$ up to 4.5$ ! I do have some APE coins in spot locked in staking and i am confident in that long term , but meanwhile it s time to retrace for ape, let s give it a closer look: -1H demand zone hitted and rejected hardly (this means that is a good zone where the is a lot of selling pressure and orders) -Fibonacci retracement filled 0.5 i don t think we are going to fill 0.618 for now being the 0.5 level the same with the supply zone. Entry: 4.02 StopLoss: 4.088 TakeProfit: 3.831 (for now ... , might close a 75% position here and let it run the rest towards 3.55 maybe ... i will post updates in case) Risk reward 3 LEV 10X
Short
by Enrico_DiCensi
APE Scalp Long & ShortTrying to time a good short entry is one of the trickiest tasks we face as a scalper. This task is made a little less stressful if we already have an in-profit long entry by the time price reaches the potential 'shorting zone'. If you get your first 'light' short entry but price reverses and continues up, then great, you are making more on your long than your short so why should you care? Plus you'll get an even better short entry now, so it's all good. APE may present us with an opportunity to put this into practice over the next few hours. I don't trade triangles, wedges, flags, pennants or any other mainstream technical analysis indicators. I trade market maker manipulation and he has just shown his hand on APE. There is no way to predict when he will strike but once he strikes the evidence of his trickery is clear to see on the charts. The long green wick on my 15 minute chart shows us that there are longs trapped above $3.90. We have no way of knowing how many are trapped but we do know from experience that he will not release them any time soon. He will very likely spend some more time back up there to trap more moonboys long (we are trading APE after all) and that is where we will be presented with an opportunity to enter a short trade. As always, scalping is a dynamic craft so we readily accept that the price can just keep going up and that is where you will have your own method of handling that scenario. If it happens, then I would probably take a small loss on any shorts at $4 and let my longs ride until I see another opportunity to go short.
Short
by ScalpWthMe
2
APE: Channel Down PatternApe Coin (APE) technical analysis: Trade setup : Trading in a Channel Down pattern, attempting to break out. Price failed to break out once already and returned to the Channel Down. Wait for a breakout, ideally above $4 resistance. (set a price alert). Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $3.00. The nearest Resistance Zone is $4.00, then $5.00, and $6.00.
Long
by altFINS