APEUSDT : Bullish potential till 17,50 (Short-term)
context :
After the recent Token listing the market is evolving within a classic pause range after an eratic raise right after the listing. APE is already providing 28% of its total supply in circulation with a 41 rank place on Coinmarketcap with €3,157,305,347.
We can be confortable to see a further trading range with a test of the 14,70$ before a tentative of bullish exit to 17,50 regarding the current historical data projection.
Key Element:
- Action/reaction (back and force move) between key triangle fibonacci ratio calling for Triangle pattern (16,50/9,70)
- Auto-similar move and fibo extension 17,50 and 21
Key support fibo at 11,20
From a Risk/rewards perspective i am quiet confortable to buy the coin to play the common part till 17,50
Enjoy my Friends !
context :
After the recent Token listing the market is evolving within a classic pause range after an eratic raise right after the listing. APE is already providing 28% of its total supply in circulation with a 41 rank place on Coinmarketcap with €3,157,305,347.
We can be confortable to see a further trading range with a test of the 14,70$ before a tentative of bullish exit to 17,50 regarding the current historical data projection.
Key Element:
- Action/reaction (back and force move) between key triangle fibonacci ratio calling for Triangle pattern (16,50/9,70)
- Auto-similar move and fibo extension 17,50 and 21
Key support fibo at 11,20
From a Risk/rewards perspective i am quiet confortable to buy the coin to play the common part till 17,50
Enjoy my Friends !
Trade active:
Key support adjusted to 13,30 with 17,50 as next target
CIO & Head of market research (Automata - Akt.io)
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Up to 200 EUR AKTIO => Referal for AKT.IO app on Apple store and Google play =>
www.akt.io/app-referral/?referral=3e2e485b164fe488ed7761ca1c2374db6f41b691cbe03c728b108489f13a46fa