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%
We hope it is profitable for you ❤️
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APEUSD
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 $19.75-20.75
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APE cooling off - here's the entry level! Here's a quick look at the APE 30 min chart . As we can see, the price is cooling off in a falling wedge pattern after its massive move few days ago. A falling wedge pattern is a bullish pattern, hence we should keep an eye on this setup - especially at the breakout level. The best entry would be when the price breaks above 14.4$ with good amount of volume . Definitely one to keep an eye on!
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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$
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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."
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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
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.
APE : Bounced back Above Bottom?APE has been strongly bearish move in the recent couple of days and as i saied previous analysis it has found bottom support around $10 ~ $11.
With price action we have seen today if it could stay above support zone($10 ~11) Im expected We can see big bounce back above $15 again and even higher that in the next week.
Note : this is assuming that BTC could will stay above crucial support around $39300~$39700.
I`m in a short, but change to long?Hey Guys, I`m already in a short position and ready to long it, if we hold the support.. BUT it could happen that it goes under the support and we will see a correction and this is what I hope for, because I want to buy some APE at 6 Dollar :) - if you are not in a position, wait if it`s hold or break!
DYOR!
No financial advice!
Happy Trading
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 .
APECOIN IS AT FIB61.8 AND THIS IS AN IMPORTANT LEVELLooking at my Technical analysis, I will be waiting to take a buy at $11 - $10.5 zone.
I am waiting at that level because I feel APECOIN will retrace to FIB78.6.
I am seriously waiting to see my trade executed at the target entries.
HELLO:
support me with your like, comments, follow and criticise this analysis
🐒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.
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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.
💰
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!
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