ApeCoin Perfect Ascending Channel Leads To 115%We have a bullish breakout from a perfect ascending channel on the ApeCoin (APEUSDT) pair/chart.
As APEUSDT moves above this channel, prices are now also trading above EMA50 with a strong RSI.
Bearish trading volume has been decreasing since May which is another bullish signals.
We can expect additional growth.
Namaste.
APEUSDT
APEs are bored indeed🥱 💤 Reasons to take short:
⭐️ BTC bearish
⭐️ Volume at top
⭐️ Couldn't make rehigh
⭐️ Slowly to the trendline
⭐️ 3rd touch
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
ApeCoin BeforeBreakout | Plan Before Trading (215% Target)This one here is yet to breakout... BEFORE the action starts.
ApeCoin vs Tether (APEUSDT) is showing a volume breakout after multiple reversal signals based on candlestick reading.
This can lead to higher prices if there is follow up.
Since the charts can always change;
Since the market direction can always change;
Since everything is changing every hour, every day...
We need a plan before we trade.
Namaste.
APE COIN - Inflation Gone Bananas 🍌🦍Inflation fever and we ought to be careful.
When reality knocks Bananas become an expensive little luxury...
Time for a short here, once again:
One Love,
the FXPROFESSOR
PS. It will be time for bananas again sooner or later..for now we stick to the bread and the butter
APEs are exhaustedseems like we are seeing a rejection from the 0.618 Fibonacci level on the daily impulse for the apes. since we are still in the bear market there is a good chance we can see a swing to make a lower low.
I'm also seeing a partial take profit from the bulls which bought ape at around 3$.
please like and share this idea.
Ape possbile targetsOn daily chart we see a cup-handle formation with a possible target of 6.9$ if it can break over 5.12 if it can't on lower time charts we see possible double top and H&S formation with targets of 4.92$ and 4.68$
If the market decides a bounce up we can say that ape wants to go over 6$. 6$ is an important resistance if ape breaks through 6$, journey to 10$ will ve easier than that of 3-6$ journey. But the big question is will market let it. Probably not..
If market chooses to test lowers ape's lower time chart formations will work and take it back to 4.9$-4.6$
APE - Monkeys don't like summerReasons to take short if BTC allows:
⭐️ Trendline is 3 days long
⭐️ Trendline is clean
⭐️ Price is squeezing to the trendline
⭐️ Volume appeared at top
⭐️ Buyer is getting weaker
⭐️ 4th touch
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
#APE / #USDT : Analysishello? Traders, welcome.
Notes related to this analysis :
- We have a strong downtrend on this chart
-The price has hit the ceiling of the descending channel
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I think we have an excellent and profitable position with good risk and reward
Check this chart and write your opinion
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APEAPE/USDT look at this coin if retest one more time our Supply Zone i sell Targets Support 1 and waiting for breakout and pushing into our Support 2
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
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