Ape shortThe trend is changing direction, aka reversal due to a double top in 4 hourly. 5.84 seems to be strong support, the price however is more likely to follow the downward trend to 7 or 6. We may also have another crash at the beginning of next week.
This is not financial advice. Make your own research and be cautious, especially during this uncertain period.
APE
Platinum Tehnical, Fundamental Analysis
Platinum is the most undervalued metal compared to gold and silver and is certainly a good hedge in inflationary times. I see a great future mainly because platinum will be needed for hydrogen vehicles.
Good entry points: 750 USD (probably in June) , 910 USD
Short term (the end year 2022) price prediction: 1260 - 1350 USD
Long term ( 5years ahead ): 2500 - 3000 USD
Cryptocurrency APE - when will it be safe to invest?The strong fall of the cryptocurrency market did not go unnoticed by APE. After such uncorrected impulse waves, investing in the crypto market becomes scary. How to choose the time and place to buy a low-risk APE?
The hourly timeframe clearly shows what happened to the cryptocurrency APE during the fall of the price of BTC on May 9
The first momentum of the fall began due to the operation of stop orders from buyers in the range of $11. However, an interesting fact is that after the start of the momentum, buyers began to actively slow down the fall of limit orders to buy. As a result, consolidation was formed on abnormally large volumes. This was the first step towards slowing down a powerful fall wave. After some time, the situation repeated itself (momentum down and slowing down the decline in consolidation on large volumes.
In order for a potential trade to become relevant, the APE price needs to rise to $11. If buyers are unable to reach the $11 range during the current local growth wave, the decline will continue and sellers will most likely be able to update the local low.
However, if buyers can test the $11 mark, we offer the following medium-term trade:
Entry - $10.5
stop - $7,679
TP-1 - $11
TP-2 - $14
P.S. Which cryptocurrency analysis are you interested in at the moment? Vote for the cryptocurrency that interests you next week and we will make a forecast on it. How to do it - see the idea!
Prediction for APEAPE is high volatile and loses 50% in just 5 days. But I think the reversal could be very soon because the volume continues decreasing (when prices decreases).
I'm using again Bullish Bat pattern to predict the reversal point. I depict also the trendline and support/resistance to guess the next moves of APE.
ape usdtUsually, such currencies are not analyzable due to the large amount of dedicated capital and are dependent on margins and other currencies.
But if we want to examine the current situation, we see a pattern of falling flags.
Confirmation of this pattern will be by forming an e wave.
My personal view is that the sales volume of this currency is increasing because the supply is increasing.
And psychologically, new buyers will start buying again at a price of 11 dollars.
Of course, this is a personal opinion and in the current situation, anything can be changed
APE/USDT hit our target!Hey Colleagues,
Today we reach one of our scenarios where price got to $10.7. From here we are now filling our bags with APE. Market i oversold so now we think it is good time to buy in. Our targets is $14-18 and stop is near $8.2
"Buy when everyone is scared and sell when everyone is buying"
Our expectations are that it will hold $13 (where is can fall to $12.5) zone after what it should bounce right up.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
APECOIN, FROM NORTH WITH A MASSIVE FALL TO SOUTHAPECOIN has ran out of the steroid that took it to the north by BULLS.
This asset rallied up from around $11 and it is now back to about $11.
Looking at the descending channel on my analysis, I feel APECOIN will drop to $11 once again and the circle will then complete.
QUESTIONS:
1. Will $11 be the support level to prevent this asset from falling further?
2. Will it reverse after hitting the support TL of the channel?
3. Is the fall over?
KINDLY:
Share your thought, comment and PLS KINDLY LIKE AND FOLLOW.
APE APE APE APEAPE Long
APE simple and basic Analysis,
Making Head and Shoulder
This is only for scalping or if youre very strong you can try holding it till it goes up
anyways demand and supply only indicators
bounce area at the demand
you know what happens when h and s is forming
thats it for my post.
Remember
Risk management
Use stop loss
never risk when youre not confident
dont go with the flow
Dont chase the market price
let the market chase your price
smile :P
-MercilessDolphin