Bullish Harmonic Pattern and RSI Divergence Potential ScalpOur attention has been drawn to the 15-minute chart of APE, which is exhibiting a harmonic pattern and RSI bullish divergence. This could provide a potential scalp trading opportunity. Please note that this is not financial advice and always consider the inherent risks associated with trading.
Idea :
On the 15-minute chart of APE, a harmonic pattern has been detected. These patterns can often predict potential price reversals due to their alignment with Fibonacci numbers, making this an interesting setup to watch.
Adding to the bullish scenario, the RSI (Relative Strength Index) is showing bullish divergence. This occurs when the price makes lower lows, but the RSI makes higher lows, which can often signal an upcoming bullish reversal.
Considering these two technical factors, a quick scalp trade could potentially be executed. Scalping is a trading strategy where small profits are taken regularly to exploit short-term movements in the price. However, remember that while the gains can add up, the losses can as well, and scalping requires a strict exit strategy to protect against potential downturns.
If this setup triggers and you decide to enter, ensure you have a clear stop loss in place and take profit levels defined. This will protect your capital and lock in gains when the price moves in your favor.
This post is for educational purposes only and is not investment advice. Please do your own research before making any investment decisions. Cryptocurrency investments carry significant risk and may result in a loss of your capital.
Apelong
APE...Probably the best Alt set up right now. $8 is inevitableAPE probably has the most beautiful alt set up in the game right now
We re looking at a beautiful 3 month corrective channel chopping into a 5 month low from november
This is setting up for a beautiful peak low formation in a time where btc and eth are going crazy
I think we re likely to see a large alt season coming up when btc and eth cool off.
Which would Push APE to HKEX:7 conservatively...and HKEX:10 is very possible if we get euphoric
Ive been building a long position for a few weeks now with an average entry of 4.05
Stop loss=3.25
First TP= $5.50
Second TP= HKEX:8
Third TP= HKEX:10
This is the type of trade where you can set the position and come back in a few months to profit.
Good luck everyone!
APE/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this APE/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Apecoin (APE) was another big mover in today’s session, extending recent gains to a fifth consecutive day.
Following a low of $4.50 to start the week, APE/USD raced to an intraday peak of $4.98 earlier in the day.
The move pushed apecoin to its highest level since November 5 and came following a breakout of a price ceiling at $4.60.
As a result of today’s surge, the RSI on the APE chart is now at its strongest point on record, with a reading of 79.09.
This means that prices are now deep in overbought territory, which could mean that bears are preparing for reentry.
Despite this potential reversal, bulls are seemingly still targeting a ceiling at $5.30, which hasn’t been hit since October 11.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
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APEUSDT: Approved by GucciI haven't posted in a while, due to being somewhat busy with basic liquidity management issues.
I suggest to pay attention to APE.
In the news feeds, it was reported that the Gucci brand has officially added APE as one of the ways to pay for its products.
Considering that APE was added to the exchanges relatively recently, and as such there has been no pumping of the coin (not considering the interesting tokenomics), there could very likely be a very sharp acceleration in growth.
Technical aspects of the price point to the possible end of the mid-term consolidation and the emergence of some initial impulses as part of the mid-term wave C.
I have already opened long positions on APE, closing them in profit.
At the moment I plan to actively buy with the aim to hold the position until the renewal of the historical maximum.
The final level of completion of the bull rally (if activated) is unknown and could either end at around $50 or reach higher values above $200.
APEUSDT Are You Rdy Down??Enough monkeys come down from the treeEnough monkeys come down from the tree
Little by little, we must be ready for the fall of this currency.
Despite the very strong divergence that is observed, I say that this upward trend must end.
On the other hand, we have completed the Elliott Wave 5 waves and are ready for the wave.
Most importantly, when I say I have to come down, I have to come. No one can stop me.
Enough monkeys come down from the tree.
APE LONGI know I drew this chart horribly but that was not what I was focused on, I want to just explain that APE is a really good buy rn as it is in a stable uptrend and the land drop is coming in less than a week, I believe that once the land drop comes we will see zones of 25-30 in USDT. the land drop will be hype af and they will be using APE coins to do it so I suggest to get in and hold till Ape drop comes
$APE COIN (BAYC) Potential Swing Long Update #APECOIN #BAYCCalled it, that's all I have to say... After the BAYC hack $APE pumped to new ATH, I'm not sure if there's any clear correlation to it but a cup and handle formation was forming and I thought it'd be a good time to enter a long.