APEUSDT trade ideas
APE UPDATE (4H)This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section
APE has some weakness in momentum. With recent data, its wave scenario has become more clear.
It seems to be inside a diametric that is now in the F wave of this diametric.
Wave F is expected to end in the green range and then APE will enter a bullish wave G.
TP is marked on the picture.
Closing a daily candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
APEUSDTApe Coin has recently demonstrated a notable movement by surpassing and subsequently closing above its EMA50, thereby indicating a prospective opportunity for mid-term growth. Confirmation of this potential upturn would be attained with a closure above the EMA 100; however, this milestone has yet to be achieved. Noteworthy indicators include the presence of a bottom pattern, sustained average trading volume, and a robust RSI. While these signals are favorable, paramount importance lies in assessing the prevailing market cycle.
APE Has broken above 1.850APE Has broken above 1.850, the pullback might be very short due to the strong Bullish engulfing candle.
🔵Entry Zone 1.769 - 1.835
🔴SL 1.6361
🟢TP1 1.9198
🟢TP2 2.1440
🟢TP3 2.3661
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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$APE #ApeCoin Trading IdeaAPE ApeCoin is about to melt everyone's faces? We'll see. I'm waiting for a breakout through this red resistance box. After a clean breakout and closing above the $1.898 level, there is a probability for a leg up till the next resistance at $2.821. Give me your thoughts on this trading idea.
APE: Descending Triangle BreakoutTrade setup : Bullish breakout form a Descending Triangle pattern, above 200-day moving average and $1.50 resistance could signal resumption of uptrend, with +20% upside potential to $1.80 thereafter. Stop Loss (SL) at $1.40, just below 200-day MA support.
Pattern : Price is trading in a Descending Triangle pattern. Typically, a breakout will occur in the direction of the existing trend. Most traders will take a position once the price action breaks through the bottom line of the triangle with increased volume, which is when the price should decline an amount equivalent to the widest section of the triangle.
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 $1.25, then $1.00. The nearest Resistance Zone is $1.50, which it broke, then $1.80.
APE 18.01.24It is necessary to be prepared for the dump that will occur in BTC up to around 38000, so I am thinking of entering this position only from the marked area. For spot buyers, it would be logical to buy in pieces starting from these levels.
The most ideal entry points are 1.32-1.27
The target areas will be around 1.74 and 2.38 respectively if it breaks the falling trend (red line).
What I write here serves as a note to myself. Does not include investment advice.
APE: Descending TriangleTrade setup : Price is in a downtrend, trading in a Descending Triangle pattern. Price needs to break above 200-day moving average and $1.50 resistance in order to signal resumption of uptrend, with upside potential to $1.80 thereafter.
Pattern : Price is trading in a Descending Triangle pattern. Typically, a breakout will occur in the direction of the existing trend. Most traders will take a position once the price action breaks through the bottom line of the triangle with increased volume, which is when the price should decline an amount equivalent to the widest section of the triangle.
Trend : Neutral on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.25, then $1.00. The nearest Resistance Zone is $1.50, then $1.80.
APE/USDT | 1W 👀I have a very positive outlook on this coin. Soon, I expect to see its consolidation and a change in trend. It's moving within a tight range on the chart, making it difficult to forecast, but I anticipate significant growth.
ApeCoin - the token is rising in price amidst the NFT hype of the Bored Ape Yacht Club project. However, it doesn't bring any real value to the industry, similar to 'meme' cryptocurrencies. Such coins are typically overbought after any significant surge, especially if it occurs against market dynamics.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of ApeCoin. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #ApeCoin #Investment #APE