Dear traders and followers,
Ape coin was launched last Thursday on Bitfinex and it seems people have a lot of interest in it.Active holder adresses raised since than by 10.000. The price moved up 142% in only 13 hours and is now in short time frame correction movement.
I expect a reversal near the current price area and will open a long position as soon the price reached 10.65$-10.75$ (Fibo golden ratio, entry with bullish divergence on the 30 min RSI and incoming TTM squeeze) with tight stop loss at 10.24$
I will move the stop loss into break even as soon the price reached the first take profit area near 12.65$ and will reduce the position by 25%.
All other updates will be posted under this chart.
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Ape coin was launched last Thursday on Bitfinex and it seems people have a lot of interest in it.Active holder adresses raised since than by 10.000. The price moved up 142% in only 13 hours and is now in short time frame correction movement.
I expect a reversal near the current price area and will open a long position as soon the price reached 10.65$-10.75$ (Fibo golden ratio, entry with bullish divergence on the 30 min RSI and incoming TTM squeeze) with tight stop loss at 10.24$
I will move the stop loss into break even as soon the price reached the first take profit area near 12.65$ and will reduce the position by 25%.
All other updates will be posted under this chart.
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
Follow us and stay up to date/ don't miss new ideas
Thanks for your support!
Trade closed: stop reached
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.