#APE
The price is moving in a downward channel on a 4-hour frame, about to break upward
The area in green is a very strong support area and the price rebounded from it at the price of 1.75
We have an upward trend on the RSI indicator
We have a higher stability moving average of 100
Entry price 2
First goal 2.12
Second goal 2.29
Third goal 2.47
Contrary to the first scenario where I suggest a new all time low, this might be what BINANCE:APEUSDT is up to. We might just be on the journey of completing the last leg down of wave Y of wave 2-yellow and then the outburst follows.
If you see this scenario as more likely, then it is ok to hold your APE or reenter at $1.562 - 1.330 region and set stop loss at...
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?...
From a weekly perspective, APE has seen a price divergence, but it has not been reflected in the price. Representatives say there is still a lot of room for growth in the future.
Price is currently at the bottom of the trend line
and broke the downtrend line in LTF
Then I would look at the black falling bull flag as a point of concern
If the market can break...
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...
BINANCE:APEUSDT
We can see that APE has been in a downtrend since its last high in April 2022. After that, it started to decline and formed a descending channel. We are now approaching the previous low, and it seems that the bearish momentum is decreasing. Additionally, we can observe oversold conditions on the RSI indicator:
so there is one scenario, it will...
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
I will not be surprised if BINANCE:APEUSDT make a new all time low from where price is making this update a counter scenario to the first scenario
The reason for this is because of some few important factors. One is that the community has been weak recently and that affects the fundamentals. Two, despite the move it made in the past few months, we are yet to...
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
🔍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...
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
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 : ...
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 : ...
Hey, jungle traders! Let's dive into the atmosphere of magic and mysteries of APEUSDT together! 🦍🌟
🔍 Trading Secrets:
It seems like we're approaching our magical buy zone precisely. How is this possible? Perhaps it's not just about strategies and charts, but also about some invisible hand of the market?
🌌 Mysterious Levels:
Level 1.0499 is holding strong, like a...
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
