APE/USDT waiting for this zone! Hey guys
Quick overview about APE coin as well guys. Simple as it is that resistance zone will define the next movement - if we breakout from that we good to long but if EMA zones will be broken then good for short position. What do you think?
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APEUSDT trade ideas
APEUSD ❕ under a liquidityAPE is trading under liquidity and a bearish takeover has been formed on the 4H Timeframe at the peak.
Price and the RSI chart have formed a bearish divergence (4H TF) with the indicator itself signaling a shift of initiative to sellers.
The stock is testing 50EMA as support (4H TF)
I expect a fall after the price fixes under the liquidity zone.
ApeCoin (APE) Price Prediction
ApeCoin (APE) Price Prediction 2022
ApeCoin (APE) holds the 33rd position on CoinGecko right now. APE price prediction 2022 is explained below with a daily time frame.
The above chart of ApeCoin (APE) laid out the descending channel pattern, also known as the falling channel . A descending channel is formed by two parallel trendlines . The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.
Currently, ApeCoin (APE) is in the range of $4.066. If the pattern continues, the price of APE might reach the resistance levels of $5.428. If the trend reverses, then the price of APE may fall to $2.701
APE - steaking put into the projectLast week they introduced stacking. According to observations after stacking, the coin starts to downmoves.
Technically we are above the bear trend.
and below the resistance level of $4.5.
The trendline blues are acting as support and if the price goes near them, the price will most likely fly to $3.5
In any case, there are a lot of layouts.
I will only make a breakdown of this level or trend line.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your
your friends.
APE Short setupShort position at the top range, we are currently at resistance. This was a multi month support turned resistance, and if we don't get a massive volue to breakout, this is just a retest that will end in a visitaion of the low zone and even further more. Max drawdown target shown in the image. Tight SL above resistance