🔍Today, our focus is on ApeCoin (APE) with analysis conducted on the 4-hour timeframe. A notable aspect in this timeframe is the favorable reactions to Fibonacci levels, where APE exhibits a response to the 0.618 level, forming a V-pattern after a fakeout. This pattern suggests a potential reversal, indicating a resurgence of buyers in the market.
💥The RSI...
APE appears to be forming a large triangle.
Now it seems that the big wave C is over and we are in the waves of wave D.
From the green range, I expect a trend change for APE.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital...
On the above 4-day chart price action has corrected by 90%. Today is great long opportunity. Why?
1) RSI and price action resistance breakout.
2) Multiple oscillators print bullish divergence with price action (orange circle)
3) Price action prints on past resistance since breakout. Look left.
Is it possible price action falls further? Sure.
Is it probable?...
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 : ...
I will buy a bit now and more inside the green box if the price goes there. I think this is a good trade. But of course, keep an eye on BTC. Usually, the price bounces from those areas, but at your own risk.
#APE
The price has been moving in a down channel since July 2022
The price adhered to the boundaries of that channel perfectly
Now we have an upward trend on two levels
Current price 1.70
First goal 3.44
Second goal 5.14
Seems like ape is making a correction to the whole market factors....
We can clearly see : FVG getting filled, which means potential buy orders resting around those areas, which could give us an overall pump of 70%....
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 : ...
Support and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
Key Points:
Bullish Patterns: APE Coin is showing a Cup and Handle formation on the weekly chart, a classic bullish signal suggesting a potential breakout.
Volume Support: The trading volume during the uptrend phases is higher, indicating strong buying interest and supporting the bullish scenario.
Technical Indicators:
Moving Averages: APE is above both the...
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...
ApeCoin (APE) Fundamentals:
ERC-20 Governance and Utility Token: Used within the APE Ecosystem, which aims to be a decentralized community hub in the Web3 space.
DAO Governance: Holders can participate in the ApeCoin DAO to vote on proposals and influence the ecosystem's development.
Utility Token: Planned use cases include access to exclusive games, events, and...
The chart APE/USDT indicates that the price has hit a significant low, which is followed by the influx of buyers. Over time, this buying pressure is expected to intensify, causing the price to enter a compression strong wedge pattern. Subsequently, it’s anticipated to break its short-term trend line.
Based on my analysis, this chart has a potential profit of...
💎 APE has recently encountered notable market dynamics, particularly as it resides within a support area that is crucial for maintaining its upward trajectory.
💎 A bounce from this support is essential for APE to sustain its upward movement. If APE successfully bounces from this support, there's potential for it to resume its upward trajectory and retest the...
Apecoin have been in a downtrend 7 months now. You can see clearly BULLISH signs. 1. Bullish divergence (which indicate bears are getting tired and weaker which indicate reversal coming), 2. On-chain data shows that WHALES are BUYING HEAVYILY since June/july/august. 3. Apecoin already 95% down from ATH (most altcoins pump when they reach 95/96%).
it's time for...
💥💥#APE Analysis 🚀🚀
#APE is breaking out of a falling wedge pattern with huge volume on weekly timeframe👀
We are expecting more than 100% movement in first run✈️ 💸
👀Current Price: $2.132
🚀 Target Price: $4.020
⚡️What to do ?
👀Keep an eye on #APE price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#APE #Cryptocurrency ...
