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Helical_Trades
Apr 23, 2022 1:15 PM

APE/USDT : Double Top formation below the ATH's resistance Short

APE / TetherUSBinance

Description

BINANCE:APEUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!

Recently APE has broken above the formed symmetrical triangle and now it's right below the ATH's resistance with a Double-Top formation.
The current structure is giving us this opportunity to take a Short position on APE's movement.

Risk management should be passive, Trading Setup :

🔻 Entry Pointe : $16.85 - $17.15 - $17.45
📍 Targets : $16.30 - $15.52 - $14.50 - $13.81 - $13.00
🟥 Overall stop-loss : $18.8

🔰 Status: 🟢
🧮 Profit:

- Have to mention that If we caught on Stop-Loss then, You can locate your Long with a TPs for $19.5 and $23.8

Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.

Have a good day!
@Helical_Trades

Trade closed: target reached

Tp1 Reached, 5% profit without any leverage 😉🥂

Now Trail your SL !
Comments
SmartNerd
wow this coin is not dumping
Helical_Trades
@SmartNerd, APE is strong!
So freaking strong...
Solldy
Interesting point of view, different from most, but I think the price will still go the other way.
Helical_Trades
@Solldy, Thanks, brother!
Yes, it can...
Got the potential to break above current ATH.

That's why I mentioned the secondary setup to take Long!
Biemti007
Smart analysis...thanks
I am happy
bizmark
Thanks for you analysis. I think there is chance for run to 20.5 and even higher:
Helical_Trades
@linneamaurice, Reported !
zAngus
@Helical_Trades, i banned him permanently.
Helical_Trades
@zAngus, Good to know that.
Thanks for your support...
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