APEUSDT
APE: Channel Down PatternApe Coin (APE) technical analysis:
Trade setup : Trading in a Channel Down pattern, attempting to break out. Price failed to break out once already and returned to the Channel Down. Wait for a breakout, ideally above $4 resistance. (set a price alert).
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $3.00. The nearest Resistance Zone is $4.00, then $5.00, and $6.00.
$APE - something like thisHello my Fellow TraderZ,
As like many other #ALTS , $APE is also looking WEAK despite strong moves few days earlier.
Here is my projection on #APE in coming days. Also this idea is still very much in play but if the market decides to SHORT SQUEEZE first then I guess major resistance for #APECOIN comes near $5.40.
Have it on radar.
Happy Trading. CHEERS!!!
🔥🚀APE WILL SKYROCKET AFTER THIS FALSE BREAKOUT🔥 Hi friends! APE is a very volatile altcoin that gives the best possibility for traders to make money even in a short-term period.
I expect the local pump on crypto after some pullback. The best time to open a long trade on APE is a false breakout of the $3.25 key level.
📊 PRECONDITIONS TO OPEN A LONG ON APE:
🔥 false breakout of the key level of $3.25
🔥 volume growth
🔥 bullish BTC
✅ THE LONG TARGETS FOR APE:
1. $3.9-4.1 - value area
2. $4.6 - a key level
3. $5.2 - key level and local high
🚩 Traders, the market is very weak now, and if you will see the bearish BTC sentiment, I recommend you to book most of your profit and put sl in a breakeven.
Also, I recommend you to open a short if you will see the sign of trend reverse. Altcoins fall really good at that stage of the market cycle and our shorts will be very profitable.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Ape coin staking has started but the near future looks bleakApe coin staking started with great success for Yuga Labs and BAYC members. However, the macro economic conditions put additional stress on the Ape coin especially if it leads the members to cash out their stake rewards consistently. It will create consistent downward price pressure on APE. Technicals indicate price action to revisit under $3 again.
APE long @ 3.650 10x leverageAPE has hit a major area of support as the TOTAL and BTC bottom out in momentum once again.
This coin is far beneath the Keltner Channel and I believe with the past confluence of price action in this area we'll find support to retest back into the channel.
We're far underneath our 200-day EMA and I believe we will retest it as resistance.
We are seeing a massive floor forming in the TOTAL and APE 1-hour charts.
We have no bearish Ichimoku cloud resistance in the local area.
I may add onto this position as time goes on.
APEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for APEUSDT
Based on our last analysis on December 11, we predicted a falling trend to happen after a little rise and in this chart the decline has happened after an increase. There are R2 and R1 as our resistance areas which both contain the disability of the price to rise. And S1 is a long-term support area at the bottom that expresses the support of price since the past. Therefore, the price has a fluctuation below R1 and our belief would involve two options here to happen. In case the price is able to provide us some rising signs, there is a possibility of an increase for it to reach R2. Even it is clear that through some falling signs here by the price, the decline will be expected for it toward S1 or lower. We suggest you to wait for some confirmation candles to make sure what the next position will be in the chart.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck