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APE

APE - steaking put into the projectLast week they introduced stacking. According to observations after stacking, the coin starts to downmoves. Technically we are above the bear trend. and below the resistance level of $4.5. The trendline blues are acting as support and if the price goes near them, the price will most likely fly to $3.5 In any case, there are a lot of layouts. I will only make a breakdown of this level or trend line. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your your friends.
Short
by Artem_Dishel
5
APE: Channel Down PatternApe Coin (APE) technical analysis: Trade setup : Trading in a Channel Down pattern and appears on the verge of breaking out. Swing traders can trade the Channel (Enter near support trendline, Exit near resistance trendline). Trend traders ought to wait for a breakout. If it breaks out above Resistance Trendline (around $4 currently), price could rally to $5 or higher. Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Neutral on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $3.00. The nearest Resistance Zone is $4.00, then $5.00, and $6.00.
Long
by altFINS
Buy APE only when it breaks this level!Here's a quick look at the daily APE chart. As we can see, the price has been in a downtrend for some time now, and the best entry would be when the price breaks back above 4.51$! This will only happen if BTC decides to go north. The current market sentiment isn't bullish, so this setup has a low probability of playing out. ------------------------------------------- The idea is: Buy when the price breaks above 4.51$ and take profits at the levels shown in the chart. Targets: 1. 5.2$ 2. 6.4$ 3. 7.3$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
by MBM_Crypto
4
APE. Nothing unusual, just hype token.Soon there may be a deep disappointment for APE holders. In fact, this is a token for the sake of a token. TA also does not show any strength. The price has been licking the $4.5 level since June. Recently, we broke it down... Now, we have tested $4.5 level from below, which potentially indicates a bearish trend where the target of the decline is the middle of descending channel at $2.31 (with a time shift). Also, a signal for the continuation of the downtrend is moving average, which we tested and again rejected down.
Short
by Tropnik
APE: Channel Down PatternTrade setup : Trading in a Channel Down pattern. Swing traders can trade the Channel (Enter near support trendline, Exit near resistance trendline). Trend traders ought to wait for a breakout. If it breaks out above Resistance Trendline (around $4 currently), price could rally to $5 or higher. Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $3.00. The nearest Resistance Zone is $4.00, which it broke, then $5.00, and $6.00.
Long
by altFINS