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APEUSD

APE cooling off - here's the entry level! Here's a quick look at the APE 30 min chart . As we can see, the price is cooling off in a falling wedge pattern after its massive move few days ago. A falling wedge pattern is a bullish pattern, hence we should keep an eye on this setup - especially at the breakout level. The best entry would be when the price breaks above 14.4$ with good amount of volume . Definitely one to keep an eye on! ------------------------------------------- The idea is: Buy when the price breaks above 14.4$ and take profits at the levels shown in the chart. Targets: 1. 14.75$ 2. 15.5$ 3. 16.5$ 4. 17.3$ ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
12
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
FTX:APEUSD
by MillionaireEconomics
2
ape pt.2greetings o/ ape looks to be getting ready for a move up, just like btc. the volume has been really nice on this one over the last few days, would like to see it continue. the burgundy zones on my chart are massive levels of resistance, it's going to have to clear these levels to get to my take profit target. so long as the local low from today isn't breached, it's game for a move up if the local low is breached, grabbing it down below in the golden zone is the plan.
Long
by notoriousbids
APEUSDT 4H DirectionPersonally I do not hold any APE . On the 4H time frame APE lost support around the $12.3 level . I would be looking for a potential bounce around the $10 - $11 support zone . But just keep in mind that this coin has been pumping hard the past couple of weeks so I am expecting some downside . Moreover on the Daily time frame is important to consider the $9.5 support level . If we lose this level a free fall would come until the price will meet with the demand level investors are willing to buy , as this is a new coin and we did not set any support levels below $9.5 watch out and be patient . Additionally , I would be waiting until things clear out and we have a clearer picture of what will follows and which levels will hold . Patience is the key here .
by Trader_Sentinel
🐒greeting o/ got a special one here ~ the last ape trade i shared yielded me 700%(on leverage) \\ peaked out at 3500% (i didn't hold it all the way through as things got intense lol). this next setup could be face ripping, especially if the green path plays out. --- there's two main trajectories i'm seeing for our ape friend. the blue path takes us up to $17.5~$18.5 before turning back to the downside. the green path takes this ape all the way up to $30 in a golden rocket ship via a 5 wave impulse. it's going to move quite fast (in theory), so this local golden zone is the golden ticket if i'm right about it. 💰
Long
by notoriousbids
1
APE/USD - Buy opportunity incoming! Ape in! 🤣APE has hit the resistance once more, if it does not manage to pass it it will likely fall back on the top of this trendline which should act as support. Once done, it will likely form an inverted H&S and then price could break the neckline and run. This is just an idea and price may do its own thing, but probability is high price will break this resistance one way or another. Buying the coming dip seems like a PRO move. NFA. Bias is turning bullish after we pullback. Like and follow if you liked this idea!
Long
by DU09
APE Apecoin: 1H Chart UpdateHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Apecoin (APEUSD). Apecoin's RSI is very important to give a determination of where price may be headed yet. The price is sitting inside a Support and Resistance area currently. 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
FTX:APEUSD
by MillionaireEconomics
3
APE Apecoin: 1H Chart ReviewHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Apecoin (APEUSD). Apecoin is inside a descending channel. Keep an eye on the RSI. 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
FTX:APEUSD
by MillionaireEconomics
2
GREEN BOX MUST HOLDThere's a couple things on APE im seeing: Since there isn't much price history for this we can really only analyze it on the smaller timeframes. And even then, not much price history so a lot of APE analysis you see, including mine, could likely be a shot in the dark. 1) We have set a lower local low. If we set a local lower high then the previous uptrend is now done. 2) We have flipped the up trending zone of support to resistance. Not a great sign. 3) We have broken the ema ribbon and ichimoku bearish. 4) The green box has to hold as support or else we will likely move to $9 5) I would be careful with this coin. It is extremely new and has already surpassed a lot of coins in terms of market cap. In my opinion, the confidence in this green box isn't high. This is not financial advise and always remember to do your own research before entering a trade.
COINBASE:APEUSDShort
by MarketM8ker