APE USDT HELLO GUYS THIS MY IDEA ABOUT APE Usdt is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that the Seller from this area will be defend this SHORT position...
and when the price come back to this area, strong SELLER will be push Up the market again...
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this SHORT trade....
THANKS
TURTLE TRADER 🐢
Apecoin
APEUSDT 1D Where is it safe to buy Apecoin Now the cryptocurrency market is at a total crossroads: some want to go up as soon as possible to get out of the deposit drawdown, others down - to have an even better purchase price.
But we do not control the market, and "our wanted" are worthless, so we only trade the probabilities of price movements.
Therefore, we share with you our assumptions of where we will buy Apecoin, depending on the behavior of the crypto market in the future.
1) Wait until the price APEUSDT is fixed above $5.90-6.00 Consolidation above the liquidity zone, will allow you to enter the long with more confidence with the expected result of +55%
2) If the cryptocurrency market will make another correction, but without updating the minimum. Then a set of long positions APEUSD in the range of $3.50-3.75 will be justified
3) If the price of BTCUSDT will update the minimum, and possibly go to $14,500. It is very likely that in this situation, most altcoins will update their lows 2022. In this case, it will be justified to issue a purchase order for $1.70 in case of heavy spillage.
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ApeCoin (APE) formed bullish Gartley for upto 656% massive rallyHi dear friends, hope you are well and welcome to the new trade setup of ApeCoin (APE).
On a weekly time frame, APE has formed a bullish Gartley:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ApeCoin Bullish Breakout (Up To 180% Potential Mapped)We have multiple signals coming out of this chart that support a bullish case.
Bullish = Green.
The first one is a volume breakout.
We have above-average volume today as prices break above EMA50.
The second one is a break above EMA50.
Trading below EMA50 = bearish trend.
Trading above EMA50 = bullish trend.
The third one is the RSI.
Strong.
We have two targets here.
One can be fast, short-term at 45% more or less.
The second one mid-term can be 180%...
More details on the chart.
Namaste.
$APE to fall from these levels? $3-10 before bouncingTo me, it looks like $APE just found resistance in the $17 region after forming a lower high on the 4HR chart.
Now I think this sets up the possibility for APE to fall much lower from these levels. I think from here, price will likely go back to test the bullish trendline and ultimately end up breaking it to find it's first key support in the $10 region.
However, from there I think price will likely break the $10 support and find it's real support in the $3-8 area.
Let's see how this plays out over the coming weeks.
APE- Mini Chart UpdateThese are our key updated charts with most likely scenarios and key levels.
Remember to do your own research.
BTC is under Major Resistance and the Feds are approaching with a rate hike on Wednesday (unknown in quantity).
On the other hand, some see RSI in low levels and believe a rebound can happen.. we think it's difficult for now
One Love,
the FXPROFESSOR
Tweezer Tops Candlestick (Learn Candle)The Tweezer Top pattern is a bearish reversal candlestick pattern that is formed at the end of an uptrend. It consists of two candlesticks, the first one being bullish and the second one being bearish candlestick. Both the tweezer candlestick make almost or the same high.
Example on this chart
APE/USDT
RSI on APECoin pullback. 3.80% gain on its way.$APE is still in a downtrend and i wanted to post this before the trade finishes.
In the image attached you'll see 3 RSI readings.
RSI 1st candle = a MINUS of -1.43
RSI 2nd candle = a positive of +2.33 (This is the one i need)
RSI 3rd candle = a second confirmed postive of +4.93
As noted with my RSI formula. An RSI of 2.33 = a 1 to 2.33 risk reward ratio. So i entered the trade with those limits.
This will work even though i am betting AGAINST the main trend even though i can not find ANY divergences prior to the entry.
I do however have FRACTALS setup on a 21 period and i got a notification of one (Bullish) So i started looking for the first confirmed RSI signal closing over 50 (or closing over ZERO in this case)
After that, I need a second consecutive candle closing above 50 (or ZERO) as well. The second one is my entry.
Then i take the value of the first closing RSI over 50 and use it in the formula.
2 for my scale is 53 on a regular scale.
52 = a 1 : 2 ratio below the 200ma and a 1 : 3 above the 200ma (so we have 1 :2)
Now lets look at the left over numbers
Here i move the decimal over ONE place and its
So the total for my risk reward is ( 1 : 2.33 )
This would be the end of the pullback WITHOUT counting any momentum in the move. Usually 2 or 3 candles later youll have a candle closing EXACTLY at that height and the trend continues down.
ETH/BTC DIRECTIONAL SUPPORT & UPDATE For those of you ( probably like 5 people ) that had the opportunity to read my last idea about a possible perfect bottom. Looks like the bottom we called was within 10 +/-. Pretty good! The Weekly RSI indicated selling pressure was exhausted. Now that we have confirmed the beginning part of that idea, I'd like to share some of my thoughts. I have been considering the idea that many bears are pushing that we will see a dip down to the 21-24k range. While I have prepared for such a drop, it seems a bit exaggerated based on the market technical ( but not impossible ). The recent spike in prices shot the RSI beyond the 70 + range then it quickly correct balanced while retaining a higher price again showing me the selling pressure is getting exhausted at these levels. Right now, I am looking for another solid RSI spike to 80+ hourly range followed by a deep correction below 40. If the price vs RSI continues to balance upwards, the less likely we will see this 21k-24k bottom. Given the situation, this is a good chance for solid bear trap followed by a solid short squeeze back to the 42k range.