bizmark

APE🦍 going berserk!

Long
bizmark Updated   
BINANCE:APEUSDT   APE / TetherUS
APECOIN broke up this triangle📐 and I think there is chance for run to 20.5 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
  • ENTRY: local high @ 13.57
  • STOPLOSS (SL): local low @ 10.9
  • TARGET (TP): TARGET1 - height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 20.5; TARGET2 - Resistance @ 26.5
  • REWARD RISK RATIO (RRR): TARGET1 - 2.6 | TARGET2 - 4.8
  • INVALIDATION: when SL level hit

ETH/BTC currently at support so ALTs should be good to go:
Check my other stuff in related ideas.

Please like👍, comment🗣️, follow me✒️, enjoy📺!

⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Comment:
The blue path projection in the original interactive chart got screwed up for some reason (this TV bug I already experienced with other idea). Just look at the pic below how it should actually look like 👇
Trade closed: target reached:
Target hit 🎯
Trade closed: target reached:
2nd Target hit 🎯🎯
I'm out
Comment:
After hitting the TARGET2 APE got hammered and went down to test the white uptrendline. I think price is consolidating before next move. Will post new idea soon.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.