Trade setup : Price remains in an Uptrend. It got rejected at $2.50 resistance and is consolidating in a Falling Wedge pattern. We wait for a breakout. In case of a bullish breakout in the direction of existing Uptrend, price could revisit $2.50. Also, notice that price is approaching a robust support zone around $1.55 and 200-day moving average. Patterns : ...
Trade setup : Price remains in an Uptrend. It got rejected at $2.50 resistance and is consolidating in a Falling Wedge pattern. We wait for a breakout. In case of a bullish breakout in the direction of existing Uptrend, price could revisit $2.50. Also, notice that price is approaching a robust support zone around $1.55 and 200-day moving average. Pattern : ...
Trade setup : Price remains in an Uptrend. It got rejected at $2.50 resistance and pulled back, which could be another swing trade entry in Uptrend with upside potential back to $2.50. Stop Loss (SL) level at $1.68. Previously, following a bullish breakout from a Descending Triangle pattern, price signaled continuation of uptrend. Trend : Uptrend across all time...
Trade setup : Price is in an Uptrend. It got rejected at $2.50 resistance and now it’s approaching it again. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $2.50 to signal continuation of uptrend, with +20% upside potential to $3.00, or 2) pull back near $2.20 support for another swing trade entry in Uptrend with...
Trade setup : Price is an Uptrend. Following a bullish breakout from a Descending Triangle pattern, price reached our target of $1.80 for a +20% gain. Now it’s also broken above $1.80 to signal continuation of uptrend, with +10% upside potential to $2.20 next. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD...
Trade setup : Bullish breakout form a Descending Triangle pattern, above 200-day moving average and $1.50 resistance could signal resumption of uptrend, with +20% upside potential to $1.80 thereafter. Stop Loss (SL) at $1.40, just below 200-day MA support. Pattern : Price is trading in a Descending Triangle pattern. Typically, a breakout will occur in the...
Trade setup : Price is in a downtrend, trading in a Descending Triangle pattern. Price needs to break above 200-day moving average and $1.50 resistance in order to signal resumption of uptrend, with upside potential to $1.80 thereafter. Pattern : Price is trading in a Descending Triangle pattern. Typically, a breakout will occur in the direction of the...
Trade setup : Trends are mixed and price is at a critical juncture. Following a bearish breakout from a Channel Up pattern, price is trying to break back above 200-day moving average and $1.50 horizontal resistance zone. If it succeeds, it could signal resumption of uptrend with 33% upside potential to $2.00. If it gets rejected, it could signal bearish trend...
Trade setup : Following a bearish breakout from a Channel Up pattern and below 200-day moving average, price could signal bearish trend reversal near-term with downside risk to $1.00. Pattern : Price was trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the...
Trade setup : Bearish breakout from a Channel Up pattern could signal bearish trend reversal near-term with downside risk to $1.00. Pattern : Price was trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With...
Trade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.70) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Pattern : Price is trading in a Channel Up pattern....
Trade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.70) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Pattern : Price is trading in a Channel Up pattern. With...
Trade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Pattern : Price is trading in a Channel Up pattern. With...
Trade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Pattern : Price is trading in a Channel Up pattern. With...
Trade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Pattern : Price is trading in a Channel Up pattern. With emerging patterns,...
Ape Coin (APE) technical analysis: Trade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend. (set a price alert). Pattern : Price is...
Ape Coin (APE) technical analysis: Trade setup : Trends are improving, although price still needs to break above 200-day moving average (~$1.81) to confirm an Uptrend. But if it does, it could revisit $2.00 or even $2.50 thereafter. Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis. Momentum is Bullish but inflecting. MACD Line...
Ape Coin (APE) technical analysis: Trade setup : Trends are improving, although price still needs to break above 200-day moving average (~$1.81) to confirm an Uptrend. But if it does, it could revisit $2.00 or even $2.50 thereafter. Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis. Momentum is Bullish (MACD Line is above MACD...