APE
#APE #Technical #Analysis #VIP #Eddy#APE #Technical #Analysis #VIP #Eddy
The analysis is on request and I made the chart for you in an educational way. Please also pay attention to the following explanations:
The green line that I specified is a PRZ point, which has become a static support and has a lot of power. Also, let's look at the multi-time frame with ICT and RTM tricks. And in Pullback, FTRs can also be triggered. Classically, our PRZ point has a very beautiful double bottom, the time frame is daily, the stops are not logical, the entry point and the trading stop are excellent, look for the entry trigger in the lower time frame. Please do not log in without getting confirmation and do so at your own risk. This analysis is suitable for traders, if you don't know how to trade and manage capital and risk, this analysis is not suitable for you.
The World Let it be Remembered...
Dr. #Eddy Sunshine
1/3/2024
Happy New Year <3 Enjoy ;-)
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern.
Swing traders: can enter near Channel support trendline (~$1.70) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up 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 across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.70) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up 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 across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
🔥DODO Is The Most Promising Lowcap on Binance❗️ Check it❗️DODO is consolidating above channel bottom. The closest targets are channel top, local highs and $0.65 key level.
💥will DODO update ATH? 100x is not something special at a bull market for an altcoin with a FWB:48M cap. But we need to take a closer look on Binance at all. The exhange is under regulator presure and DODO is a part of it's ecosystem.
like❤️ and follow
Check the links and get a gift from me👇
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up 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 across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up 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 : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern.
Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up 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- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
#APEIt is moving in a downward trend, which in case of support in the specified area in the higher time, this movement can continue up to its major ceiling. Currently, a corner pattern has been formed that this compression can be broken from above, which in case of failure, as mentioned, can continue its growth up to the specified range. In addition, if the candle closes below the range, this analysis will be invalidated.
Ape Hi,
Buy on green
Sell in Red
Bye
Disclaimer: Important Trading Disclaimer
The content and ideas shared on my account are for informational purposes only and should not be considered as financial advice. Trading involves risks, and decisions to buy or sell financial instruments should be based on careful consideration of your own financial situation, risk tolerance, and investment objectives.
APE: Channel UpApe Coin (APE) technical analysis:
Trade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend. (set a price alert).
Pattern : Price is trading in a Channel Up 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- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
🔥ARB Hype Wiped Out: Time To Buy and Make 300% Profit?Arbitrum fell by -60% from its highs and liquidated all leverage traders who bought on top. I look for entry point.
The best entry point will be when the price will make a false breakout of the $0.74 key level. But I don't think this will happen. The most expected scenario is when the price just test the green accumulation areas as the support and continue its growth.
💥 the time is coming for this ETH ecosystem altcoin.
like❤️ and follow
Check the links and get a BONUS🎁 from me👇
APE: Approaching SupportApe Coin (APE) technical analysis:
Trade setup : Trends are improving, although price still needs to break above 200-day moving average (~$1.81) to confirm an Uptrend. But if it does, it could revisit $2.00 or even $2.50 thereafter.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on 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 $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
Don't Miss Out on APEUSDT's Upcoming Gains!APEUSDT: Unveiling the Next Profit Potential
🔅APEUSDT is poised to become the next major winner, as per our meticulous analysis. While we can't divulge all the details just yet, it presents an ideal buying opportunity on the technical front.
🔅Firstly, an intriguing transformation unfolds as the supply zone seamlessly transitions into a demand area, resulting in the creation of a new higher high. The ongoing pullback journey now finds APE brushing against a crucial uptrend trendline, thus unfurling a compelling buying opportunity coupled with a favorable risk-to-reward ratio.
🔅Rest assured, we've already posted the entire trade setup in our dedicated channel and will provide timely updates as the market dictates. As it stands, our sentiment remains overwhelmingly bullish on APEUSDT.
🔥Bitcoin is Going to Make It: Will 2020 vs 2023 Pattern Repeat❓Bitcoin draws the similar to 2020 pattern. What is this pattern?
1. Dump from the highs by -15-20%
2. Creating the High(H)-Low(L)-Higher Low (HL)-Lower High(LH)-HL-LH structure or a simple triangle before the breakout.
3. Psychological pressure on retail or FUD:
2020: Dump of Bitcoin below $3k
2023: Binance and ETF FUD
The small diference is the Lower lows (LL) in 2023 (now) and Higher lows in 2020. I think this was just the manipulation by the "whales" to trap the retailers and collect more liquidity.
It's clear that ETF will be aproved when no one expect it. I think that the targets for BTC will not be higher then $34-40k. Altcoins will pump by 3-10x depeneds on your portfolio. Such major news (aplies of ETF etc.) always finish the growth of Bitcoin.
$34-40k will be a local highs before the -40-50% pullback and continuation of the parabolic growth during the 2024.
like❤️ and follow
Check the links and get a BONUS🎁 from me👇
Analyzing APE: Mathematical Formulas Point to Potential BuyingBased on my analysis, which is based on my own mathematical formulas and psychological analysis, I conclude that the cryptocurrency APE may decrease to the level of $ 1.55 , and this level represents a good opportunity to buy.
My mathematical calculations include the analysis of price movements, trading volumes, and other technical indicators that help me identify potential reversal points and trends in the market. Additionally, I pay attention to psychological analysis, studying the emotional state of market participants, their sentiments, and reactions to news and events.
However, it is important to note that any forecast in the cryptocurrency market is not an absolute guarantee. The cryptocurrency market is known for its high volatility and is subject to various factors that can influence the price of an asset.
Therefore, before making any investment decisions in APE or any other cryptocurrency, it is recommended to conduct your own research, considering both technical and fundamental aspects of the project. It is also important to consider your personal investment goals, financial situation, and risk tolerance. Seeking advice from financial advisors or experts in the field can be helpful in making informed decisions.
APE: Approaching SupportApe Coin (APE) technical analysis:
Trade setup : Trends are improving, although price still needs to break above 200-day moving average (~$1.81) to confirm an Uptrend. But if it does, it could revisit $2.00 or even $2.50 thereafter.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on 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 $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
6 Altcoins that could POP as soon as this weekend!Traders,
Just wanted to cover my current trades/trade strategy as well as some potential winners. I have picked out a short list of coins that could pop as soon as this weekend or into next week.
If you don't want to watch the whole video the coins are: DOT, GODS, Powr, APE, Storj, and JASMY.
Best,
Stew