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APEUSDT

APE back to $5 and RSI TAOne of my favorite and most helpful tools when doing TA is identifying patterns on the RSI. Many understand that patterns like wedges and channels are extremely helpful in increasing the probability of a trade but many don't know that you can do the same with the RSI. I have a few examples of this on my page but here's another one before the fact. The RSI broke the ascending triangle to the downside and is in the middle of a bearish retest and potential rejection. When the RSI breaks down before prices it usually means prices will follow.
COINBASE:APEUSDShort
by CryptoNCoffee
3
What's Next On APE (complete analysis)Interesting fact about the current APE situation here I give detailed analysis. First, Ape breakdown from the overall 70% Fibonacci retracement which is unlikely, then it went further to break the 100% Fib. retracement again this is very unusual considering how bullish the APE market was but it happened due the the overall catalyst (BTC, UST, LUNA). Now here comes the big question, are we done with the downtrend? Yes we are. How? On the right hand side you can see that a break of structure (BOS) occurred causing the manipulator, market monger, stop loss hunter (whatever name you give them) to take/provide liquidity, wait that's not enough, yea but I have more. On the chart you can see where I annotate HL(higher low) and LL(lower low) while the RSI indicator forms the opposite LL,HL which is a strong bullish divergence Now we have 2 scenarios the symmetrical triangle or the descending triangle. If the symmetrical triangle breaks down, you might want to watch out for the descending triangle before exiting the trade if you check my previous analysis on symmetrical triangle you will notice I mostly have 2-3 backup plan for it. Unless I see a divergence at the oversold region of the RSI or again some unfavourable fundamental news and of course possibly BTC dump, I am holding my long position on APE. Build your buy/long position in between the 0.78 Fib. retracement and 1.00 Fib. retracement price level and set your stop loss at $6.55 for mid - long term while for short term set stop loss at the breakdown of the symmetrical triangle to the especially if price closes below the 100% ret. level ($7.280). Have a suggestion? What do you think comment below, like and share also see t.me/dewycandles for records of profit bagged from our APE analysis.
Long
by DewyCandles
2
APEUSDT Fibonacci Circle Analysis 5/19/22Using the Fibonacci circle tool we can plot trend lines along bullish and bearish areas A trend line can be plotted horizontally against the 1.618 level of the middle circle (green dotted line) This shows an alignment with a bottom point earlier in the coin and where we are now (green rectangle). 2.618 of left and right circles gives us the position and allows comparison (blue) It can be then drawn from comparison that price is currently undergoing a similar pattern to the earlier blue circle. Which are the same formations just on different scales (the first being a lot smaller) The similar pattern being a double bottom.
by Bixley
BULLISH IN 1.15 HOURS FOR BTC!I believe that the reversal will occur around 4 am EST ( MAY 16 ) , and we will see #bitcoin hit 32 800 over the next two days and hover there for a couple of days before dropping to 30 700. After that, we will see breakouts like JASMY, SAND, CRO, NEAR, APE, MANA etc. I am buying the altcoins listed above. Do your research. I believe we will see a new market cap ranking that will become more solidified with currencies tied to NFTS and other needs of the NFT and gaming communities for blockchain P2E. I believe now is a great time to BUY GMT, KNC, APE and NEAR! THEN HOLD AND WHEN YOU UP 20 - 30 % remember retracements are very lucrative used correctly. Trade responsibly and proactively! BE VIGILANT; THE MARKET NEVER SLEEPS! When you sleep, place a stop loss if you're leveraging REMEMBER YOU HAVE ONLY YOURSELF TO RELY ON!!! KNOW WHAT YOU ARE DOING!!!!!! DONT WATCH LUNA GO TO 0 then say you lost everything because of LIUNA, I am sorry for the losses but I lost as well and cut them at the point of 30%. Set up a system and remember the market IS VOLATILE AND NOW PICK UP currencies for half price! Happy Trading! - EhBeast
COINBASE:BTCUSDLong
by Cryptonightowl
[ALTCOIN] APEUSDT TREND LINE ANALYSISHello, everyone We're a team that specializes in chart analysis We will always analyze and provide you with charts to help you sell There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong. If you read the point of view and get to know the line, every line will adjust Thank you. ------------------------------------------------------------------------------------------------ Chart Analysis Content - Based on where it fell the most, it is currently rising while maintaining the upward trend. For stable trading, it will be after testing on the thick pink upward trend. If it fails to break through the yellow downward trend, which is currently being resisted, it can go to the bottom red trend to see the bottom again.
Long
by BIT_INVEST