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$! This will only happen if BTC decides to go north. The current market sentiment isn't bullish, so this setup has a low probability of playing out.
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The idea is: Buy when the price breaks above 4.51$ and take profits at the levels shown in the chart.
Targets:
1. 5.2$
2. 6.4$
3. 7.3$
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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."
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APE
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.
Ape Buy limitHello Traders!
Welcome back to another episode with Analyst Aadil1000x.
Today we are going to set a buy limit from true reversal point. Coincidentally there is also a support zone so it's another good sign to buy the APE.
Ape Buy limit 3.866
Ape Stoploss 3.842(-0.6%)
Target 1, 3.924(+1.5%)
Final Target 3.99(+3.26%)
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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.
APEPERP - Positive dynamics.Exit from the trade at the extreme support point at 2.88 shows the positive dynamics of the resumption of buying. Let's keep watching.
If you liked the idea, please like it. This is 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 loved ones.
Continuation of this idea
APE Already Moving Towards 111%+ (Update)We looked at APEBTC recently on the weekly timeframe, just two days ago... Here is the daily chart, it is already starting to move.
A break above EMA50 is really strong yet APEBTC is already growing above this level.
There is more to come.
See the previous chart: 24-Nov. | APE Bullish Bat Pattern Can Lead To 111%
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Thanks a lot for your support.
Namaste.
APE Bullish Bat Pattern Can Lead To 111%For APEBTC, we can see a major correction from April to June that ended up forming a bullish bat pattern.
We have a major higher low mid-November and already two weeks of growth.
We have first an easy target at around 30%.
A major target can lead to 111% but it all depends on how the cryptocurrency market will behave.
A bullish wave market wide is coming, regardless of what happens in the short-term.
Remember to always plan before trading.
Do your own research... There is risk involved.
With a stop-loss the risk is controlled, say 10-20%.
But potential for growth is unlimited, especially when we trade with patience focused on the long-term.
Thank you for reading.
Thanks a lot for your continued support.
Stay tuned for more.
Namaste.
Amount of ETH needed to full-stake $APEStaking of $APE will probably start end of 2022 and APY in simulations seems to be good to be true. Especially if you stake your Bored Ape and partner it with a Kennel.
My personal thoughts:
Most Coins fail especially when so-called ecosystems like Gaming and Staking come into the game... On the other hand there might be a huge buying pressure of $APE when people realize the amount they need for a full stake.
However, I'm curious if Yuga Labs and ApeCoin DAO are able to establish this Coin in the longterm!
APE - WE HAVE TRADE HERE!Hello TV friends!
I come to bring a reading about APE and a trade I entered at this moment.
APE has effected a rally to the 50/618% Fibonacci Retracement Zone, which I often refer to as the Gaza Range.
Believing the theory laid out by Charles Down this is a potential selling point.
I leave the entry point, stop and target zone on the chart.
I will take partial profits as the trade unfolds.
This is just my trade. It is not a recommendation.
And what is your opinion? Comment down here and follow me here on TV!
A hug!
AMC - Bullish Trend to ContinueAMC price has moved back up into the mid $7 range after recently dipping below $6. This upward trend included a potential break-out on 11/11, and this upward trend is looking like it could continue based on technical indicators I watch.
The regression trend midline as presented is providing support on the daily and prior to release of APE this stock had significant price support in the mid-$7 price range. Stoch RSI a tad high but has cooled off slightly, and the stock price could easily continue to move up from here. The Volume Accumulation % has turned bullish as buyers appear to be taking over and the MACD is about to flip above zero. The MACD going positive has resulted in substantial price gains the last two times it has occurred.
Price may want to retest the break-out early next week. Will look at the Option chains on a back-test or pull back for a potential good options play next week. Will likely also look to add to shares. Given the overall chart dynamics, technical indicators, and a uber-resilient OBV, seems to be a fairly low risk entry. Further, have to wonder what the on-going demise of FTX and the associated AMC stock tokens traded on that exchange may have on the price.
Not financial advice.
APE - possible trend change at T-90APE share price has been heading down since it hit the market nearly 90-days ago back in August 2022. Some discussions state that shorts may need to significantly cover at the T-90 mark, which hits next week. Not sure if the MMs would be required to close/cover at T-90, due the numerous exemptions allowed to them for "market efficiency" reasons, but regardless the APE chart is starting to look more bullish.
Regression trend on the 2 hour chart along with a few other technical indicators appears to be showing a potential end to the multi month bearish trend. APE share price has started to drift away from the regression center line suggesting a new trend may be developing. Further the Bollinger's are getting tight on the 2 hour suggesting a near-term pending directional move.
Stoch RSI is near - but not yet overbought on the 2-hour chart, and the price can still run from here IMO. The Volume Accumulation % indicator is showing that buyers are finally coming back. Expecting a run to upside on APE fairly soon. No options available on this one. Adding to shares.
APEPERP - It looks weak.The pivot formation is not ready yet. But at the moment you can mark out that the price is trading near the lower boundary of the range, at support levels.
In the near future we might see the price climbing up to the upper boundary of the range. But it's still flat and sideways. If this formation does not hold the current support (2.8-3), the price will fall.
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 please yourself and your
your friends.
wut do $APE?Levels upon levels and all I want is rockets. Sure would be nice if we broke out of this channel.