#APE/USDT 4HOUR UPDATE Hello, welcome to this APE/USDT 4hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-
APE is trading in a falling wedge pattern. The major support is the $4.00-$4.30 area on the daily time frame and this is also the support level of the falling wedge pattern. The resistance is the $4.55-$4.60 area and the major resistance is the $4.90-$5.00 area.
This is not a piece of financial advice.
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APEUSDT trade ideas
Quick Trade of APE/USDT - November 02APE-USDT main support for short time is 4.30 and if it holds it then 4.60 . For further move to upside it should break its main resistance at 4.60 .
Remember its short time trade so if it goes into positive then move your stop loss in positive and set your TP at 4.85 .
Please don't forget today is very crucial day for further movement. Most probably FOMC Press Conference will be hawkish and everything will be down. Lets see what will be happened but till than there will be some quick movements so be careful.
Note
Please never follow anyone blindly and always remember following key points:
1- First and Last thing in trading is patience.
2- Risk management in trading is a Key so use your money accordingly.
3- Please Don't think I'm always right. I could be wrong, same as every other trader.
4- I always posted my thoughts, not financial advice.
5- Please use your mind and try to get knowledge about market. It will help you in future
Thank you and Good Luck!
APE/USDT might break down here! Hey guys!
Let's start this day with APE chart. Well not much to talk here - we are below EMA100 and EMA200 and the pressure on BB indicator is big on the lower side of that! So we see a good short opportunity here so let's see what we will get here!
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Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
APE long @ 4.499 10x leverageI am opening a scalp long position that I may continue to add onto over time.
we've broken out and entered back into our Keltner Channel, a sign of a price reversal.
Our momentum indicators, MACD and TSI are showing a consolidation of price action at the bottom of the KC.
We see a small indication of a local floor on the Vix Fix Finds Market Bottoms.
I believe we will retest for the top of the KC and 50-day EMA line (dark red).
APEUSDT Neutral within the Triangle. Wait for break-out.*** ***
For this particular analysis on ApeCoin we are using the APEUSDT symbol on the OKX exchange.
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The idea is on the 1D time-frame where APE has been trading within a Descending Triangle pattern since the June 30 Low that started its Support. As you see the late price action is limited below the 1D MA50 (blue trend-line) and continues to trade sideways into its eventual exhaustion.
The 1D RSI has already made a break above its Lower Highs and the MACD a Bullish Cross so we are waiting for a break above the 1D MA100 (green trend-line) that will confirm the bullish sentiment and target the 6.3950 Resistance (1), where most likely will make contact with the 1D MA200 (orange trend-line) as well. A closing above it also further targets the 7.7700 Resistance (2), which is the top of the Triangle.
On the other hand a closing below the Triangle's bottom (4.1550), would be a bearish signal targeting the 3.0700 Support (June 15 Low).
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APE/USDT waiting for the entry!Hello viewers,
Here we have analyzed APE/USDT and in conclusion we see possible movement in the next wave. After breaking the 4.7344usdt zone marked on the chart we can be more sure in the bearish movement.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Long APE @ 4.739 10x leverageAPE is currently finding a local bottom and it is prime time to scalp this position. This will be a very short trade.
Momentum indicator are signaling a consolidation of downward price movement.
Our RSI is undervalued on the 15m, 30m & 1-hour charts.
We've broken underneath our Keltner Channel and have now entered back into them. A sign of a price reversal.
APE | The price needs to hold above 4.6 in order to rise furtherAPE | The price needs to hold above 4.6 in order to rise further
As we can see from the chart APE Coin reacted very well during our previous analysis.
Actually the price looks like it is positioned to create a bullish move but it is still
creating and expanding pattern.
Overall the price is in line with our bigger picture and it could rise more during
the coming days.
However the price needs to hold above 4.6 in order to rise further and quickly.
Thank you and Good Luck!
Previous Analysis:
APE / USDT, Falling wedge, potential breakout??Here's an analysis of APE / USDT, daily chart.
APE is looking very solid, with a falling wedge formation, which anytime could break out. Keep an eye on volume - which at the moment is underwhelming - if it picks up we can have a solid breakout move.
A possible strategy:
Wait for a long breakout confirmation around $5
Target 1: $5.4 (7.5% potential gain)
Target 2: $5.8 (16% potential gain)
Target 3: $6.4 (27% potential gain)
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Trade safely!
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About APECOIN:
"ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize a decentralized community building at the forefront of web3.
ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO, and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation administers proposals agreed upon by ApeCoin holders."
Source: Coinmarketcap.com
Keep an eye on APE! Here's a quick Look at the APE daily chart.
The best entry would be when the price breaks above 5.1$ with a good amount of volume. One to keep an eye on.
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The idea is: Buy when the price breaks above 5.1$ and take profits at the levels shown in the chart.
Targets:
1. 5.4$
2. 5.8$
3. 6.4$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Short APEAPE was a highly volatile crypto. My previous experience with APE told me that it is not an easy crypto to trade.
The hype was no longer with APE and it is slowly going down. In 2D TF, we can see that a H&S pattern was formed. The prices broke the neckline and so did the RSI.
The proposed TPs (blue) and SL (red) are depicted in chart. The final target (if reached) is quite low the the price at which APE started.
APE TIME BACK And BEST INCREASE OF THE DAY?APE TIME BACK
FIRST TARGET IS 5.39 USD
Let's see how this will affect the market coming time.
There was an update from 4 USD before but saw it was not more on TV, so for this reason did add a new one.
Will Ape have a new hype coming time since a long time ago?
The only sure is to know when we follow the market.
Most coins increase only for TP and most of the time it returns.
Will APE have really a building trend in the long term? and is there a signal that NFT could come back again = Chart that will show the coming time?
IF APE has the whale building increase what it seems, then it will hold value with time.
There is a difference between trading and building positions.
Swing shortI'm currently shorting APE in a swing. Confluences on a DAILY TF: broke down from the symmetrical triangle and large H&S, top of the parallel channel, Stoch maxed out, APE is under SEC INVESTIGATION.
NFA but looks very promising to me, I hope BTC won't ruin the party.
TP areas: 4.034 (bottom of 4H channel), 3.154 (major support), 2.38 (H&S target), 1.05 (bottom of the green vector candle)
APE SCALP SHORTHello, dear traders. how are you ? Today we have a setup to Sell/Short the APE symbol.
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