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Apex

#APE/USDT 4HOUR UPDATE Hello, welcome to this APE/USDT 4hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:- APE is trading in a falling wedge pattern. The major support is the $4.00-$4.30 area on the daily time frame and this is also the support level of the falling wedge pattern. The resistance is the $4.55-$4.60 area and the major resistance is the $4.90-$5.00 area. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
Bitcoin : Moment of Truth - 10K?Hello Team, Bitcoin has been forming a falling wedge for sometime in this sustained bear market (White Dotted Lines). We are now forming a medium-term consolidation period in preparation for a large volume move as we near the apex of the medium-term consolidation. Long Trade: For Long-Positions we will wait for a break of the resistance (White & Orange Line). Create a price alert near the orange line. When there its a strong breakout with volume we will enter a long position with a final target of 30K. Short Trade: A break of the green support zone can create a violent drop in the price of Bitcoin towards 10K. Create a price alert near the medium-term green support zone. When there is a strong break down with volume we will enter a short positions with a final target of 10K. In this scenario we will also add BTC & Alt-coins to our long-term portfolio. In our opinion we can see more downside in the Bitcoin price UNTIL there is a strong breakout of the falling wedge. *Always use risk management & utilize stop loss & stop loss breakeven.
COINBASE:BTCUSD
by GenesisGo
1
VET APEX Triangle (Recovery?)VET broke out, as you can see in my chart. RSI rising and it's above the support line which i drew base on weekly timeframe (VET often bounce off from that level, giving traders more confirmation on a up trend). VET charts is really beautiful with APEX triangle bullish pattern, sadly it broke down due to to BTC dump not long ago. I'm looking for a possible price movement back into the APEX and consolidate for awhile before breaking out of the APEX. Very bullish for VET.
by Cryptoblooming
1
Cardano price saved by Sundaeswap? First DEX in the next days🚀Intro: - Cardano is one of Ethereum's main competitor and addresses some major issues that pains Ethereum like scalability and gas fees. - Finally smart contracts are running on the Cardano chain and the ecosystem can start to bloom . - So far Cardano is lacking a working DEX which seems to hold back the whole ecosystem. But now finally Sundaeswap announced that it will go live during the next days. Daily chart: - Price took a heavy hit and even retested the 1.45$ support line which did hold so far. - Volume sees a spike today and some increase during the last days. - RSI analysis shows that we are very low at the moment and have a lot of upwards potential. - Moving Average: We are about to form a death cross between the 50MA and 200MA. Let's see if price action can avoid this. - Support lines are at 1.4$ and 0.7$. The ascending yellow line can act as support as well. - Resistance lines are at 1.9$, 2.3$ and 3$. Expectation: - Sundaeswap announced that their DEX Testnet will go live during the next days. - This could boost the whole ecosystem and approve smart contracts on the cardano blockchain. - End of the year prediction: We will see a 5$+ Cardano before the end of 2021. Due to the fact that Cardano performed very badly during the last month we changed the 8$+ prediction to 5$+. Basic rules: - Never buy the top/ ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA. - Yellow lines are for visual help only. Specials: - Boxes represent either entry zone or support zone . Check the description. - Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
Long
by tumbler55
We're not out of the woods yet. < $20K BTC is still possible. This is the same idea as last one but with Candles so that new bars will load (this feature is not available for Renko bars). An Expanding Triangle is a pattern that starts with the price action squeezed tightly in the Apex (dotted blue line). There will be usually at least two swing highs and two swing lows in price. Overall volume usually diminishes as the pattern develops because traders become more and more unsure as to the market’s future direction. Also there may be several intermediate failed efforts to reach either the support or resistance as outlined by the triangle extensions. If the action creates a new bearish breakdown, typically the action will repeat the volatility experienced with the Pole creation (the vertical blue lines). We also need to pay close attention to the volume after the breakdown to recognise further development for the pattern. Another breakdown downwards is possible. Let's see what's gonna happen. Safe trading everyone.
Long
by unexpect-the-expected
Bitcoin (BTC) Going to $20,000? Big $40,000 Resistance Many people believe we're heading back towards $20,000 but I see it differently. Bitcoin has spent less than 12 days trading under $25,000 after breaking its all time high of $20k on December 16th 2020. Compared to the 148 days of Bitcoin being recognized trading above $30,000. There's just not much support at those levels. Sure we can still drop below $30,000 but if we did it has become clear to me that Bitcoin trading below $30k has been aggressively accumulated. If companies such as Ark Invest and MicroStrategy publicly announced they've purchased more Bitcoin in between $30k -$40k I'm inclined to believe they'll go drunk off buying below $25k and all the other institutions swimming with them. We've hit heavy a heavy psychological resistance at $40,000 and we could be trading sideways between $30k -$40k for a period of time as we aim to get back above the 200 day moving average. I do not believe this is the start of a bear market but I do believe this will be another phase of accumulation at these levels. Much peace, love, health, and wealth.
COINBASE:BTCUSDLong
by peacefuljustin