APEUSDT is in a downtrend after breaking up in early May. The price breaks through the strong level of 17.45 and falls. The first stop, which slowed down the price decline, was at 5.17, after which APEUSDT goes into an accumulation state. But there is no strong rollback after the fall.
The zone 7.909 is forming on the chart, the price cannot fix above the level,...
It time for the mega crash to 5.1 support level created month back on this bored Ape token.Daily and on 4hr is very bearish.Our Stop loss will be on 8.7 reason being it the point of control iniatially..Final TP is 5usd should be seen on or before Friday 28th of this Month...
Price for APECOIN created an interesting short term setup where we are expecting a bullish breakout as we see a good buying appears on the minor support area. If the price manages to show a bullish breakout then the next key move wait to see a bull breakout on the key level formed. If this turn out as expected we can have a hope on a steady growth, otherwise APE...
APE is consolidating in the area of resistance, which cannot break through. I expect a rebound down to the support level.
SELL scenario: short before 5.30.
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APE has been in a massive decline since topping late April. As of a few days now, APE is seeing some consolidation after the capitulation happened on 11-05. In my view, this move is nothing more than a dead-cat bounce and more pain is coming shortly.
If we can break below $7.30, I think we're going to target the capitulation lows around $5.70, likely even making...
Using the Fibonacci circle tool we can plot trend lines along bullish and bearish areas
A trend line can be plotted horizontally against the 1.618 level of the middle circle (green dotted line)
This shows an alignment with a bottom point earlier in the coin and where we are now (green rectangle).
2.618 of left and right circles gives us the position and allows...
Market just broke a structure going upwards correction and we are forecasting it to go down to its recent lower low or even below
Entry: 8.48 (Point of structure break)
Invalidation 9.11
Target: 5.2859
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
After the bears broke the last low in gray, APE has been overall bearish making lower lows and lower highs.
Last week, APE rejected the 5.0 round number, however , we are not bullish yet.
For the bulls / apes to take over, we need a break above the previous high AND above...
The price is testing the daily resistance on 9.50 after a big bearish impulse, and the market is creating higher low below the daily resistance.
How to approach it?
The price needs to create a bullish impulse and breakout.
IF the price is going to flip it, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure ->...
Hello my friends, today I want to talk with you about APE.
Price can reach it soon and retest.
If APE/USDT will pull back after that, we will have good signal to open long position.
Price can break nearest resistance (13.8$) or even go higher to next strong resistance area (18$).
So be ready for such scenario.
This is an article, not financial advice, always...
This analysis is a short-term analysis
We see the formation of a descending flag pattern
In the event of a loss of dynamic support, a drop of up to $ 6 would be reasonable.
Also, if we lose the $ 6 range, with the Fibo review and its overlap, there is a possibility that the price will drop to $ 4 points.
If the $ 6 zone is lost, the selling pressure will increase,...
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