Early signals I should say because things can always change...
Apecoin (APEBTC) moved and closed recently above EMA50, opening potential for mid-term growth. With a close above EMA100 this potential would be confirmed but we are not quite there yet.
We have a bottom pattern, average volume and a strong RSI.
These signals are good but the really important part...
Based on the given market data, it appears that the APE/BTC pair is currently trading in a moderately bearish zone. The current price of 0.000032 is slightly above the 4-hour support level of 0.000031 and below the 4-hour resistance level of 0.000035. This indicates that the market is somewhat volatile and there is a possibility of a price swing in either...
Here is an interesting chart... When you look at it from this perspective, APEBTC, is there a way to know if it bottomed?
This week of course is green and also a Doji and we have some volume coming in, which is the highest volume bar weekly since January, other than that there isn't much to look at.
Now let's focus our attention on the main chart above, APEBTC...
◳◱ A Bollinger Band breakout has been identified on the NYSE:APE / CRYPTOCAP:BTC chart. The price has moved outside of the upper Bollinger Band, indicating a potential bullish trend. The next resistance key levels are located at 0.0001267 | 0.00013127 | 0.00014261, and the major support zones can be found at 0.00011536 | 0.00010859 | 0.00009725. Consider...
Formed Symmetrical Triangle In daily timeframe
Trying To Break To the Upside Incase Of Breakout expecting Massive Bounce
(note) Entry Will Be Valid Only After Breakout
Next recovery on the line is APE coin vs Bitcoin!
It is already above the 0.236 Fibo resistance with acceptance above it..
I target the 0.5 of Fibo. and bonus target would be 0.786 of Fibo.!
Target 1 : 0.00022582
Target 2 : 0.00024515
Target 3 : 0.00029198
Stop : 0.00017994 (Previous low!)
Total no. of Analysis : 21
Successful trades : 12
NPNL : 4
Stop Hit...
We looked at APEBTC recently on the weekly timeframe, just two days ago... Here is the daily chart, it is already starting to move.
A break above EMA50 is really strong yet APEBTC is already growing above this level.
There is more to come.
See the previous chart: 24-Nov. | APE Bullish Bat Pattern Can Lead To 111%
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For APEBTC, we can see a major correction from April to June that ended up forming a bullish bat pattern.
We have a major higher low mid-November and already two weeks of growth.
We have first an easy target at around 30%.
A major target can lead to 111% but it all depends on how the cryptocurrency market will behave.
A bullish wave market wide is coming,...
We have multiple signals coming out of this chart that support a bullish case.
Bullish = Green.
The first one is a volume breakout.
We have above-average volume today as prices break above EMA50.
The second one is a break above EMA50.
Trading below EMA50 = bearish trend.
Trading above EMA50 = bullish trend.
The third one is the RSI.
Strong.
We have two targets...
