APEUSD
$APE - BoS on 4HR -Long at Order Block *SMT**SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remembers price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equasl Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
APE has been all over the place lately. However, with Smart Money theory, we canb digest where this coin is going next. On the 1 hour time fram it looks as if this is going south. Buit larger time frames Trump smaller ones. The 4 hr time fram has a break of Structure, meaning that the 4 hour candles close higher than the previous highs close. The Wicks do not matter, the closes are what matter. And with the 4 hour closing much higher, this is a bullish sign to the chart. Therefore according to Smart Money theory, we should see a bullish move at the order block which it has just entered. the order block is the last bearish candle prior to a bullish candle that closes above it.
(P.S. I Found a great indicator for Smart Money Markings. Search for "Super Order Blocks / FVG / BOS TOOLS" in the "Indicators" section and that's the indicator, you'll see they've coded exactly how I normally make my charts. I copied the code and changed a few thingas in the codie to my liking and renamed it ICT TOOLS anmd left the original authors of the code in the name)
So it has entered the order block and it can go as far as the bottom, however, it really shouldn't go past the median of the body of the 4 hour bearish candle, which is where the prange box is, in all honesty. If it does it could be more bearish. I do not believe this will be the case. So I'm Longing it here and aiming for the first high just prior the bearish order block.
If you don't feel comfortable with the full take profit area, I have marked 3 price points in which you should be able to safely take a little profit at each one and move your stop loss up each time you hit one of these take profit points here is the chart the the take profit price points
We'll just have to wait and see if I am correct on my assessment
Cheers
APE - what's next?🐒After reaching the 2nd target from my previous idea...
...I think that Apecoin will be consolidating between the yellow trendlines and will create sort of triangle before next move. If that will be the case I will be ready to trade the breakout both ways.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
APE🦍 going berserk!APECOIN broke up this triangle📐 and I think there is chance for run to 20.5 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 13.57
STOPLOSS (SL) : local low @ 10.9
TARGET (TP) : TARGET1 - height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 20.5; TARGET2 - Resistance @ 26.5
REWARD RISK RATIO (RRR) : TARGET1 - 2.6 | TARGET2 - 4.8
INVALIDATION : when SL level hit
ETH/BTC currently at support so ALTs should be good to go:
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
APEUSD targeting $34.00Apecoin (APEUSD), one of the hottest tokens in March - April, has been trading within a Channel Up since the April 18 low. The lower band (below the median) of the Channel has been dominating most of the price action, acting as a Buy Zone with the higher band, just momentarily forming Higher Highs and rejects the price on profit taking. This has happened twice so far.
As long as the 4H RSI Buy Zones hold, the price should either bounce on the Higher Lows trend-line of the Channel Up or on the 4H MA50 (blue trend-line). The target should be the top (Higher Highs trend-line) of the Channel Up, with our projection being around $34.00 which is the 2.0 Fibonacci extension from the March 18 High. As long as the 4H MA200 (orange trend-line) holds, the medium-term trend should continue to be bullish.
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APE - DON´T FOMOHey Guys, I saw a lot of people who FOMO in APE .. at 30th, APE launch his OTHERWISE Project .. this is the time where you have to watch APE closely. This could be time where big holders (there a lot of them) sell some of their APEs. AND this could be a good short opportunity for everyone.
NO FINANCIAL ADVICE | DYOR | HAPPY TRADING
APE Coin on it's way to $20 target!Traders,
I missed the first move out of this massive triangle. Is there still hope? I think so. I have a final target of $20 on this thing. Only one caution and it's pretty big right now ...Look at that RSI. A bit too rich for my blood right now. I'll be waiting for it to sit back down along with our price on support. And that is where I would make my entry. I am not a fan of buying anything with the RSI in overbought territory.
Best to you all!
- Stewdam.us
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 Short Setup!APE is currently forming an ascending channel pattern in 1h timeframe. waiting for the close of the current candle below the upward trendline. We also have a long-term trendline beneath the ascending channel pattern which is acting as trendline support.
as soon as the ascending channel short setup gets triggered please use the stop loss and take the profit target level from the screen!
Let's see and wait for the price action now!!!
The first transaction based on fundamental analysis "ApeCoin"The first transaction based on fundamental analysis "ApeCoin"
Fundamental analysis Very excellent news about the currency and its strong projects
We enter the transaction on technical analysis. Enter from anywhere above the drawn trend line. Stop loss by penetrating the trend line with a full candle 4 hours, body and tails.
target open
APE/USDT : Double Top formation below the ATH's resistanceBINANCE:APEUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
Recently $APE has broken above the formed symmetrical triangle and now it's right below the ATH's resistance with a Double-Top formation.
The current structure is giving us this opportunity to take a Short position on $APE's movement.
Risk management should be passive, Trading Setup :
🔻 Entry Pointe : $16.85 - $17.15 - $17.45
📍 Targets : $16.30 - $15.52 - $14.50 - $13.81 - $13.00
🟥 Overall stop-loss : $18.8
🔰 Status: 🟢
🧮 Profit:
- Have to mention that If we caught on Stop-Loss then, You can locate your Long with a TPs for $19.5 and $23.8
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Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades