APE/USDT Could APE break the resistance or Confirmed HNS ??💎 APE has recently experienced significant developments in the market. It made a perfect bounce from the demand area, and the next critical obstacle was the resistance area.
💎 Breaking through this resistance is crucial for APE to continue its upward movement. If APE successfully breaks out of this resistance zone, it could pave the way for a smoother journey toward our target at the Bearish OB area.
💎 However, in the event of failure to break through, the price may retreat to the demand area. It's worth noting that APE is displaying a potentially bearish pattern known as the Head and Shoulders pattern, with the demand area corresponding to the neckline.
💎 If the demand area is breached, confirming the HNS pattern, this would indicate a bearish momentum, potentially driving the price significantly lower, possibly back to the key support area or even lower.
APE
🔥Worldcoin Is Copying Aptos. Pump Soon❓Worldcoin is a fresh alt on Binance. Usually, such alts pump so high due -50-80% dump after the listing. The example is Aptos, which make -70% pullback and grew by +550%.
WLD fell by -60%. Also ARKM, MAV, SUI, SEI are on the list.
💥watch this freshman carefully before it skyrockets.
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🔥SUI VS APT: This Pattern Works On ALL Fresh🔋 AltcoinsSui Network is the new altcoin on Binance which has an unlimited potential.
Now the price fell by -72% and consolidating inside green area. Additional bullish signal is a potential close above $0.45 key level.
The closest worthwhile target is at $1-1.25 (+170-200%). If BTC will close above 31-34k and continue its growth, SUI can easilly grow by 4-10-50x on a bull market.
💥$300M cap can easily turn into $1B or eve more how it was with Aptos.
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APE: Resistance BreakoutTrade setup : Price is an Uptrend. Following a bullish breakout from a Descending Triangle pattern, price reached our target of $1.80 for a +20% gain. Now it’s also broken above $1.80 to signal continuation of uptrend, with +10% upside potential to $2.20 next.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.25. The nearest Resistance Zone is $1.80, which it broke, then $2.20.
APE/USDT Bullish Surge from Demand Zone? 🚀 APE Analysis 💎 Paradisers, get ready for an electrifying trading opportunity with #APEUSDT, indicating a bullish continuation from its lively demand zone.
💎 As we navigate the path of #APECOIN, it has been moving within a descending channel. Recently, it broke above the significant supply level at $1.848. This breakout suggests a bullish continuation from a retest level, transforming supply into demand and heightening the likelihood of a strong bullish movement.
💎 Should the momentum behind #APE begin to diminish, look forward to a vibrant comeback from the solid demand level at $1.512. Given the liquidity present in this area, we remain hopeful for a bullish climb from the Bullish Order Block. Yet, dropping below this critical juncture could hint at a deeper bearish direction.
APE UPDATE (4H)This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section
APE has some weakness in momentum. With recent data, its wave scenario has become more clear.
It seems to be inside a diametric that is now in the F wave of this diametric.
Wave F is expected to end in the green range and then APE will enter a bullish wave G.
TP is marked on the picture.
Closing a daily candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
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APE Has broken above 1.850APE Has broken above 1.850, the pullback might be very short due to the strong Bullish engulfing candle.
🔵Entry Zone 1.769 - 1.835
🔴SL 1.6361
🟢TP1 1.9198
🟢TP2 2.1440
🟢TP3 2.3661
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APE: Descending Triangle BreakoutTrade setup : Bullish breakout form a Descending Triangle pattern, above 200-day moving average and $1.50 resistance could signal resumption of uptrend, with +20% upside potential to $1.80 thereafter. Stop Loss (SL) at $1.40, just below 200-day MA support.
Pattern : Price is trading in a Descending Triangle pattern. Typically, a breakout will occur in the direction of the existing trend. Most traders will take a position once the price action breaks through the bottom line of the triangle with increased volume, which is when the price should decline an amount equivalent to the widest section of the triangle.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $1.25, then $1.00. The nearest Resistance Zone is $1.50, which it broke, then $1.80.
APE: Descending TriangleTrade setup : Price is in a downtrend, trading in a Descending Triangle pattern. Price needs to break above 200-day moving average and $1.50 resistance in order to signal resumption of uptrend, with upside potential to $1.80 thereafter.
Pattern : Price is trading in a Descending Triangle pattern. Typically, a breakout will occur in the direction of the existing trend. Most traders will take a position once the price action breaks through the bottom line of the triangle with increased volume, which is when the price should decline an amount equivalent to the widest section of the triangle.
Trend : Neutral on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.25, then $1.00. The nearest Resistance Zone is $1.50, then $1.80.
APEBTC.4HBased on the given market data, it appears that the APE/BTC pair is currently trading in a moderately bearish zone. The current price of 0.000032 is slightly above the 4-hour support level of 0.000031 and below the 4-hour resistance level of 0.000035. This indicates that the market is somewhat volatile and there is a possibility of a price swing in either direction.
The 4-hour RSI (Relative Strength Index) is at 40.51, which suggests that the market is neither overbought nor oversold. This neutral RSI value indicates that there is no clear buying or selling pressure at the moment.
The 4-hour MACD (Moving Average Convergence Divergence) is at 41.0, which is above the signal line and indicates bullish momentum. However, the 1-day MACD is at 49.0, which is relatively high and might indicate overbought conditions, suggesting a potential price correction.
The 7-day RSI is quite low at 29.28, indicating that the market is oversold over a longer timeframe. This could suggest a potential upward price movement in the near future.
In conclusion, the market situation for APE/BTC appears to be mixed. While some indicators suggest a bullish momentum, others indicate a potential price correction. Therefore, investors should proceed with caution and consider their risk tolerance and investment objectives before making a decision. As always, market conditions can change rapidly, and it's essential to stay updated with the latest market trends and news.
Clear Downward TrendIn the weekly timeframe, APE shows a clear downward trend with lower lows and highs. Its recent rise was brief, reversing after meeting significant resistance.
In the daily timeframe, the downtrend continues. Price has reached a critical support (blue zone). If it falls below this, expect further decline. However, a rise above the orange zone (the last downtrend peak) could indicate a trend reversal.
🔥 APE Moonshot Trade: HUGE OpportunityI've been keeping a close eye on APE ever since it launched. It has seen a massive sell-off after the initial launch on Binance, but has potentially stabilized.
As seen on the chart, APE has been forming a long-term falling wedge. In my view, this falling wedge (with a 95% sell-off) could potentially be the slingshot idea that APE has been waiting for. Key indicator is that the resistance of the wedge has been retested as support.
This is a long-term trade, so don't expect the target to be reached within the next year at least.
I'm aware my view on the markets have been largely bearish recently, but that does not mean that there are no bullish opportunities in the market.
APE has been a huge disappointment! Will it keep going down?FWB:APE has been going down for months now and it seems like it has more downside. I looking for the H4 FVGs on the charts possibly we can see it going slowly towards there unless we a bullish news for APE.
If this support doesn't hold APE will create new lows.
APE: Approaching ResistanceTrade setup : Trends are mixed and price is at a critical juncture. Following a bearish breakout from a Channel Up pattern, price is trying to break back above 200-day moving average and $1.50 horizontal resistance zone. If it succeeds, it could signal resumption of uptrend with 33% upside potential to $2.00. If it gets rejected, it could signal bearish trend reversal near-term with downside risk to $1.00.
Trend : Neutral on Short-Term basis, Uptrend on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.00. The nearest Resistance Zone is $1.50, which it broke, then $2.00.
pollback (APE)📊Analysis by AhmadArz:
🔍Entry: 1.514
🛑Stop Loss: 1.538
🎯Take Profit: 1.478
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