Get started

APEUSD

ApeCoin APE price has good potential for growthIn recent days, the APEUSDT price has started to grow quite well, but the trading volumes are far from those that were six months ago. Now the ApeCoin price hit a fairly wide liquid zone and could not pass it the first time. Well, this is logical, because in the liquidity zone of $4.25-5.25 there will be many people willing to sell their APE. Therefore, we believe that in the coming days the APEUSD price will slightly correct downwards to gain strength for a new breakout impulse upwards. The strength of the buyers will be confirmed if the correction is not much below $3.50 If we look at the APEUSDT price chart "globally", we can assume that an "Inverted Head and Shoulders" trend reversal pattern is probably forming now The target of $6-6.50 for APE in the next 1-1.5 months is more than realistic. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
28
ApeCoin (NFT) is pumping thanks to Donald Trump! (massive) APE coin looks very strong at this moment, also thanks to President Donald Trump and his NFT collection. That is also great news and an important catalyst for the NFT coins, such as the APE coin. APE coin is currently breaking out of the falling wedge pattern on the daily chart! The main downtrend wave has been completed, and now we are looking for a bullish retracement. How far could the APE coin go? Well, I am personally selling APE coin at the strong resistance, which is the 0.618 FIB or monthly resistance + GAP (10.5 - 11.3). My entry price is 4.112. I share my trades privately. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. From the Elliott Wave perspective, unfortunately, this coin still looks pretty weak. We can spot two corrections: wave 2 and wave 4. This appears to be an impulse wave, implying significant selling pressure and the possibility of another major crash in the future. APE is a great coin to trade on the futures market because it's highly liquid and there are a lot of opportunities. You can short APE at the 0.618 FIB, and this is exactly what I am going to do later! The crypto market is very bullish at this moment, so I am not shorting anything and am only going long. Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
67
Buy APE only when it breaks this level!Here's a quick look at the daily APE chart. As we can see, the price has been in a downtrend for some time now, and the best entry would be when the price breaks back above 4.51$! This will only happen if BTC decides to go north. The current market sentiment isn't bullish, so this setup has a low probability of playing out. ------------------------------------------- The idea is: Buy when the price breaks above 4.51$ and take profits at the levels shown in the chart. Targets: 1. 5.2$ 2. 6.4$ 3. 7.3$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- 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!
by MBM_Crypto
4