We had a great run and APE is performing very well in this bear market, the staking news pushed the price from 2.8$ up to 4.5$ !
I do have some APE coins in spot locked in staking and i am confident in that long term , but meanwhile it s time to retrace for ape, let s give it a closer look:
-1H demand zone hitted and rejected hardly (this means that is a good zone where the is a lot of selling pressure and orders)
-Fibonacci retracement filled 0.5 i don t think we are going to fill 0.618 for now being the 0.5 level the same with the supply zone.
Entry: 4.02
StopLoss: 4.088
TakeProfit: 3.831 (for now ... , might close a 75% position here and let it run the rest towards 3.55 maybe ... i will post updates in case)
Risk reward 3 LEV 10X
I do have some APE coins in spot locked in staking and i am confident in that long term , but meanwhile it s time to retrace for ape, let s give it a closer look:
-1H demand zone hitted and rejected hardly (this means that is a good zone where the is a lot of selling pressure and orders)
-Fibonacci retracement filled 0.5 i don t think we are going to fill 0.618 for now being the 0.5 level the same with the supply zone.
Entry: 4.02
StopLoss: 4.088
TakeProfit: 3.831 (for now ... , might close a 75% position here and let it run the rest towards 3.55 maybe ... i will post updates in case)
Risk reward 3 LEV 10X
Trade closed: stop reached:
Stopped -1R