Apecoin
Trading opportunity on APEUSDTBased on technical factors there is a short position in :
📊 APEUSDT ApeCoin
🔴 Short Now 16.7360
🧯 Stop loss 17.9200
🏹 Target 1 15.4000
🏹 Target 2 13.8500
🏹 Target 3 11.6000
💸Capital : 1%
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APECOIN may continue to riseWe bring to your attention a modest trade, at a pair APEUSDT with a profit/loss ratio of more than 3 to 1
Balanced procurement area around $15
Stop below $13.69
Take profit in the area of $19.75-20.75
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APE is quite clear. Hold 14.5-15 & 18 is the target.Quite simple play on APE.
1. Heavy breakout on higher time frame.
2. Good volume spurt.
3. Daily range breakout
4. MSB Retest happening
5. 14.5-15 Demand zone being established
APE is literally very simple as of now. Textbook level breakout retest happening at the moment. Pivot point is at 14-14.5 zone in confluent with the daily demand. Hold this zone and we are aiming for 17.5-18 again.
APE Apecoin: 1H Chart ReviewHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Apecoin (APEUSD).
Apecoin has had a really nice pump over the past few days but it may come back down as the RSI is very high. I noted a few places where price may come back down to based on Support and Resistance trend lines and Fibonacci Retracement.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
APECOIN IS ON STEROID TO THE NORTH.Apecoin has been on steroid since 18th of April. However, the momentum has been massive the past few hours.
This asset is currently resting around FIB23.6 level as support zone. I do believe that this rally may not be sustainable for long.
I am waiting to short this asset from my orange circle spot and I am looking forward to riding it down to where I feel the price is sustainable I.e $13.6 - 13.4 zone.
KINDLY: share your thoughts, comment, Criticise, FOLLOW AND LIKE.
APE coin; potential upside > $APE coin highlighting a previous level of demand.
> Trend is still down, potential for 20%+ upside
>> RR = 2.67~
> $APE coin highlighting previous levels of demand.
> Decent potential for a move up off the current level with moderate SL.
> potential estimated 20%+ move
>> Target level is a cluster of resistance and supply across structure shoulders/peaks
> Given the overall market trend, should not expect any large breakouts/upside moves.
ApeCoin may breakout to new HIGHS! Disclaimer: This is a Newbie analyses with no past Experience! so please Take it Easy
The candles have almost formed The Cup and Handle pattern which is a bullish continuation pattern.
This is not a financial advise!
Please comment your ideas about the analyses as I am new and want to learn from your experience and knowledge.
Appreciate your constructive comment and feedback in advance.