I analyze the pattern through the VuManChur signals to figure out when a break is going to happen when the lines come closer together that means the signal will reverse I also confirm this with the MACD lines but the buy signal kinda tells you at the point it says buy its kinda too late or sell is a little late maybe 1 day or 2 if your using it in hours its...
Introduction:
In this analysis, we will examine the support and resistance levels for the $APE/USD trading pair. Often, identifying these levels can be complex, but with the help of our proprietary indicator, TBO (Trending Breakout), we can obtain unbiased information regarding strong levels of support and resistance on the chart.
Understanding TBO and its...
Position = APE
Direction = long
Entry = 2.86
Stop Loss = 2.49
Take Profit(s) = 4.22 OR 200 DAY
Risk/Reward = 3.5/1
Sitting on solid support rn and RSI nearing oversold.
Traders,
Are you beginning to sense that I am unsure of what will happen in the next week or so in the altcoin space? This is true. While I am fairly certain that Bitcoin will pullback at some point in the future to either retest our HKEX:25 ,200 level or, just above that, the 50 day ma - I am less certain as to how altcoin will react to BTC if it does pullback....
Hey guys so this is a noteworthy price fractal in APEUSD daily.
This is a pump and dump fractal, A/B/C/D/E. 150%/200% pump
followed by 50% dump/correction. Right now we are in the
correction mode, based on projection from recent swings
the low of the correction should come up near 2.20-2.40 USD.
and then should be followed by another 150-200% gains.
Right now I...
#ApeCoin I gave the #bearish pov, now here's the #BULLISH if that's invalidated. HTF still reflects rejection @ breakout, but EMA20 & 50 showing SilverCross & acting as support. If #BTC #ETH #Crypto gain some momentum, #APE can get the push it needs for HH's & 30%-60% gains.
ApeCoin H & S forming on HTF. Volume has been trending down as price was increasing. The price action of APE formed a Tweezer Top on the 1D chart and now it's forming a Head & Shoulders pattern. It's approximately 10% from the neckline & the measured move from there is -35%+. This would support the narrative of further downside for BTC and the rest of Crypto....
So the coin is similar to a Meme coin but has a backing by what we call WHALES. Ape will be used in the metaverse and is used for governance to control what the future of the people who have millions of dollars to spend on pictures of apes. It has the similar potential as doge coin but as for doge coin there are not whales backing the meme coin only the lucky ones...
