#APE/USDT#APE
The price is moving in a downward channel on a 4-hour frame, about to break upward
The area in green is a very strong support area and the price rebounded from it at the price of 1.75
We have an upward trend on the RSI indicator
We have a higher stability moving average of 100
Entry price 2
First goal 2.12
Second goal 2.29
Third goal 2.47
APEUSDT
📈APE: Potential Long Opportunity on 4-Hour Timeframe🚀🔍Today, our focus is on ApeCoin (APE) with analysis conducted on the 4-hour timeframe. A notable aspect in this timeframe is the favorable reactions to Fibonacci levels, where APE exhibits a response to the 0.618 level, forming a V-pattern after a fakeout. This pattern suggests a potential reversal, indicating a resurgence of buyers in the market.
💥The RSI indicator also signals positive divergence, activating a trigger for potential long positions. Now, we await confirmation from the price action to validate our entry.
📈For long positions, a breakout above $1.727 could serve as a suitable trigger, with targets set at $1.881 and $2.118. However, profit-taking should be considered along the way, given the current downtrend in the 4-hour timeframe. It's important to note that shorter timeframes may present noise and corrective moves, while longer timeframes might reveal the overarching bullish trend.
📉Regarding short positions, $1.659 presents a risky trigger, while $1.605 provides a more confident entry point. However, considering the low volume of red candles, it's less likely for the price to stabilize below these triggers unless accompanied by significant selling volume.
📝In summary, ApeCoin presents a potential long opportunity, supported by Fibonacci levels and positive divergence on the RSI. Short positions should be approached cautiously, considering the overall market sentiment and volume dynamics.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
APE ANALYSIS (1D)APE appears to be forming a large triangle.
Now it seems that the big wave C is over and we are in the waves of wave D.
From the green range, I expect a trend change for APE.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
APE: Falling Wedge PatternTrade setup : Price remains in an Uptrend. It got rejected at $2.50 resistance and is consolidating in a Falling Wedge pattern. We wait for a breakout. In case of a bullish breakout in the direction of existing Uptrend, price could revisit $2.50. Also, notice that price is approaching a robust support zone around $1.55 and 200-day moving average.
Patterns : Falling Wedge . It usually forms after a downtrend and suggests a potential bullish reversal in the original downtrend. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order.
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $1.55, then $1.25. The nearest Resistance Zone is $1.85 (previous support), then $2.50.
APE: Falling WedgeTrade setup : Price remains in an Uptrend. It got rejected at $2.50 resistance and is consolidating in a Falling Wedge pattern. We wait for a breakout. In case of a bullish breakout in the direction of existing Uptrend, price could revisit $2.50. Also, notice that price is approaching a robust support zone around $1.55 and 200-day moving average.
Pattern : Falling Wedge . It usually forms after a downtrend and suggests a potential bullish reversal in the original downtrend. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $1.85, which it broke, then $1.55. The nearest Resistance Zone is $2.50, then $3.00.
APE: Pullback in UptrendTrade setup : Price remains in an Uptrend. It got rejected at $2.50 resistance and pulled back, which could be another swing trade entry in Uptrend with upside potential back to $2.50. Stop Loss (SL) level at $1.68. Previously, following a bullish breakout from a Descending Triangle pattern, price signaled continuation of uptrend.
Trend : Uptrend 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 $1.85, then $1.55. The nearest Resistance Zone is $2.50, then $3.00.
APE/USDT --- Buy InvestThe chart APE/USDT indicates that the price has hit a significant low, which is followed by the influx of buyers. Over time, this buying pressure is expected to intensify, causing the price to enter a compression strong wedge pattern. Subsequently, it’s anticipated to break its short-term trend line.
Based on my analysis, this chart has a potential profit of approximately 200%.
Good luck! 👍
APE/USDT Indicating bounce from this support & continue upward!💎 APE has recently encountered notable market dynamics, particularly as it resides within a support area that is crucial for maintaining its upward trajectory.
💎 A bounce from this support is essential for APE to sustain its upward movement. If APE successfully bounces from this support, there's potential for it to resume its upward trajectory and retest the strong resistance area.
💎 However, if APE fails to find support at this level and instead breaks down below the area, it could signal a concerning development. Losing the support may lead to continued downward movement for APE, potentially targeting the next lower support area around 1.54, where a significant bullish trendline is also present.
💎 At the support level, it's imperative for APE to bounce and reclaim its position above the support area to maintain its bullish momentum. Failure to do so could result in further downward movement for APE.
Apecoin UPTREND coming soon..Apecoin have been in a downtrend 7 months now. You can see clearly BULLISH signs. 1. Bullish divergence (which indicate bears are getting tired and weaker which indicate reversal coming), 2. On-chain data shows that WHALES are BUYING HEAVYILY since June/july/august. 3. Apecoin already 95% down from ATH (most altcoins pump when they reach 95/96%).
it's time for UPTREND after 7 months of downtrend..
BUT, PAY ATTENTION: be PREPARED that apecoin may still go lower even to 1 dollar. but i will ADD UP to my long position. the probability of UPTREND are MUGH HIGHER now than further downtrend.
BINANCE:APEUSDT KUCOIN:APEUSDT COINBASE:APEUSD BITSTAMP:APEUSD COINBASE:APEUSDT KRAKEN:APEUSDT
APE ANALYSIS💥💥#APE Analysis 🚀🚀
#APE is breaking out of a falling wedge pattern with huge volume on weekly timeframe👀
We are expecting more than 100% movement in first run✈️ 💸
👀Current Price: $2.132
🚀 Target Price: $4.020
⚡️What to do ?
👀Keep an eye on #APE price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#APE #Cryptocurrency #TechnicalAnalysis #DYOR
APE: Approaching ResistanceTrade setup : Price is in an Uptrend. It got rejected at $2.50 resistance and now it’s approaching it again. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $2.50 to signal continuation of uptrend, with +20% upside potential to $3.00, or 2) pull back near $2.20 support for another swing trade entry in Uptrend with upside potential back to $2.50. Previously, following a bullish breakout from a Descending Triangle pattern, price signaled continuation of uptrend.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $2.20 (previous resistance), then $1.80. The nearest Resistance Zone is $2.50, then $3.00.
APE - BUY SETUP (NOV 2023)APE - BUY SETUP.
Based on technical analysis, the current setup of this coin appears to offer a favorable buying opportunity. Key indicators signal promising trends, suggesting a potential advantageous entry point. However, prudent consideration of market volatility and risk management is essential before making any investment decisions in the cryptocurrency market.
APE/USDT Primed for a Bullish Momentum?👀🚀 APE Analysis💎Paradisers, let's zoom in on #APEUSDT, where the latest signals suggest a promising chance for a bullish turnaround from a pivotal support zone.
💎Examining #Apecoin's recent market activity, we've identified a dramatic 70% downturn from its last peak. Yet, the steadfastness at the $1.85 support level reveals potential for a rebound.
💎The effort to set new benchmarks or exceed past accomplishments has fostered a bearish perspective in the short term. Nevertheless, the crucial $1.85 mark for #APE is teetering on the brink of sparking a significant bullish movement upon further inspection.
💎With a forward-thinking mindset, we've outlined a Plan B. In the event that #APE declines beyond this support, we're targeting a bullish recovery from the subsequent support at $1.64. It's crucial to understand that falling beneath this threshold may indicate an extended bearish phase.
💎Ensuring adaptability in your trading strategies and keenness in monitoring market trends is essential, Paradisers. Rest assured, the ParadiseTeam is diligently tracking these developments, equipped to guide you through the shifting market landscapes.
APE LOOKS BULLISHThe structure is such that it is Boolean. We have an ascending iCH and iBOS on the chart and the candles have broken the trigger line.
In the upper part of the chart, we have a liquidity pool that the price seems to be trying to sweep.
It can be pumped while maintaining the green range.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
APE Swing LongAPE holding a nice area here.
Added to longs under 1.3600 swing long position with tight and low % stops at 1.3200.
Squeezed too much this have to produce a move sooner.
As my thoughts currently on BTC is Bullish i am looking for longs on some ALTS until and unless BTC break 41.6-41.8k area.
Targeting 2.2 and 3.
Note: Not a Financial Advice.