APEUSDT
APEUSDT: One more dip and we are inHello traders! Welcome back to another episode with A1000x analyst.
This is the analysis of APEusdt, Ape Coin is an ERC-20 governance and utility token within the APE Ecosystem. It is a decentralized project inspired by Yuga labs' Bored Ape Yacht Club.
This coin is deep down but not so deep as other coins. There is one more dip remaining after that it will be pulled.
APE is inside the rising channel, the supportive trendline which is at the bottom is the copy of the resistive trendline which is at the top.
A supportive trendline always works as strong support but in this case, patterns are tricky and we will see a fakeout of the triangle pattern towards the upside but later we will see a fall in price. We will see a breakout of the rising channel towards the downside and once it reaches the support zone near 6.40 the strength of bears will end there and bulls will jump in and it will be the right time to buy.
7.80 will be the target of our buys or the correct time to close will be the break of the resistive trendline.
If the Market forms a pattern at the target which is at the resistive trendline then we will see an instant pump of at least 20%.
Don't forget to hit the like button and follow to stay connected.
APEUSDT: The Breakout Point 🚀Sellers may be viewing the current price location as a break and re-test sell without taking note of the completed compression to the left.
For this reason, I believe price loading up longs.
It is crucial that we wait for a break above this level to initiate longs (As Illustrated)
NO BREAKOUT - NO TRADE
APE/USDT Update 📈📉SUP GUYS !
As I mentioned before In the last analysis for APECOIN , it declined exactly to the lower support again ,and wasn't able to overcome the pivot zone and the fell on the lower support zone ! ( => -37 % short (1x)🎯💰 ).
So today as we can see in 4H time frame, if apeusdt be able to maintain current support zone , the next target is the higher zone ( previous pivot zone ) , as before, my main target is still about the WVAP line ,if only if breakout the pivot zone with good volume as confirmation .
but take it in mind as may know , in crypto market everything depends on btc movements , and recently btc dominance has increased that can effects on altcoins. thus there is still a possibility to decline more , to LL (Lower Low) to form a double bottom pattern then rise ,or even fall to lower support lines !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
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
APECOIN More Potential Downside after this BreakoutAPECOIN has started to fail since its new ATH. Here the support highlighted has broken to the downside and will retest the $5.1 lows. Descending triangle confirmed the breakout on the support and this will pull the prices towards the highlighted target.
APE COIN - On SupportWe missed the 10$ mark short opportunity and it would had been GREAT but the price never touched to trigger our alert.. damn it Apes!
Price in s=now on support at 7.26 but 8$ is resistance.
We are LONG on this one today but remember:
if the price loses the support then you probably want to RUN FOR THE HILLS below 7,1$
One Love,
the FXPROFESSOR
APEUSDT - SETUPAPEUSDT price has reached the apex of the symmetrical triangle and now it needs to break this sideline streak and take a clear direction. As we can see the market is still favoring the Bulls so we can expect an upside is due. But if the price break the Lower low we may see a double bottom. So carefully watch the price action and react accordingly.