APE Short ScenarioBINANCE:APEUSDT Signal
Entry - After breakout of channel
Target - $14.3
Invalidation - Top of wave 5
Risk to reward ratio - About 3.5
Technical confirmations
Price is forming an ending diagonal.
Full cycle of Elliot wave impulsive part is coming to an end.
When the price will break the channel then correction will start.
RSI indicator is showing weakness on 1H timeframe.
AROON indicator is showing loss in bullish momentum indicating that soon the price should reverse.
APEUSDT
APE LONGI know I drew this chart horribly but that was not what I was focused on, I want to just explain that APE is a really good buy rn as it is in a stable uptrend and the land drop is coming in less than a week, I believe that once the land drop comes we will see zones of 25-30 in USDT. the land drop will be hype af and they will be using APE coins to do it so I suggest to get in and hold till Ape drop comes
APE Short Setup!APE is currently forming an ascending channel pattern in 1h timeframe. waiting for the close of the current candle below the upward trendline. We also have a long-term trendline beneath the ascending channel pattern which is acting as trendline support.
as soon as the ascending channel short setup gets triggered please use the stop loss and take the profit target level from the screen!
Let's see and wait for the price action now!!!
APE ManipulationAPE seems to be a coin that whales use to manipulate the market.
A pattern I've noticed seems to be:
- Build buying momentum on APE, cause a breakout
- Breakout traders buy APE, pushing the price up
- The APE coins the whales accumulated during the dip get pushed up
- Once all the retail is pumping APE, the liquidity has been taken out of Bitcoin, which probably has a lower price due to APE liquidity going into Bitcoin
- While retail traders are buying APE, whales are accumulating Bitcoin, also causing the price to rise.
- In a euphoric moment of the bear market, everyone "APE's" in to both APE and Bitcoin.
- Once the whales finish their pump and either Bitcoin or APE has reached heavy resistance, they sell off, causing a crash both in APE and Bitcoin.
- This crash affects the whole market, since the market follows Bitcoin
So what happens?
Whales make more money
Retail traders get poorer APEing into an APEcoin and get dumped on
Whales are able to control the market much easier by sending signals for retail to APE in and give them their liquidity
Soon enough the hype will end. We don't know when, but at some point, it will.
Buying at this point is pretty risky and not recommended unless you are an experienced trader who is able to ride each wave.
The first transaction based on fundamental analysis "ApeCoin"The first transaction based on fundamental analysis "ApeCoin"
Fundamental analysis Very excellent news about the currency and its strong projects
We enter the transaction on technical analysis. Enter from anywhere above the drawn trend line. Stop loss by penetrating the trend line with a full candle 4 hours, body and tails.
target open
APE has used up its energy and remains in an uptrendHello everyone, let's take a look at the APE to USDT chart on the 1D interval. As you can see, the price moves in an uptrend channel marked by blue lianims.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 14.31, if the support breaks, the next one is $ 11.77, another one at $ 9.68 and $ 7.72.
Now let's move from the resistance line, as you can see, the first resistance that APE is currently struggling with is $ 18.25, if it can be broken the next resistance will be $ 20.53 and $ 23.91.
Looking at the CHOP indicator, we can see that in the 1D interval most of the energy has been exhausted, while the MACD indicator shows a continuation of the upward trend
APE/USDT 2 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
APE/USDT TA Update:-
TimeFrame :- 3H
$APE is currently trading at $17 levels.
Price is consolidating in an Ascending Triangle Pattern.
Both sides trade opportunities available once it gives a breakout on either side of the Pattern.
1 ) If Price Breaks Resistance zone-
Target:- $20 or much higher Targets can be achieved.
Stop loss :- $16
2 ) If Price gives a Trend line breakout downside.
Targets :- $13.8 & $12.1
Stop loss :- $17.9
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
APE/USDT : Double Top formation below the ATH's resistanceBINANCE:APEUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
Recently $APE has broken above the formed symmetrical triangle and now it's right below the ATH's resistance with a Double-Top formation.
The current structure is giving us this opportunity to take a Short position on $APE's movement.
Risk management should be passive, Trading Setup :
🔻 Entry Pointe : $16.85 - $17.15 - $17.45
📍 Targets : $16.30 - $15.52 - $14.50 - $13.81 - $13.00
🟥 Overall stop-loss : $18.8
🔰 Status: 🟢
🧮 Profit:
- Have to mention that If we caught on Stop-Loss then, You can locate your Long with a TPs for $19.5 and $23.8
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
Possible supports for APEBINANCE:APEUSDT
here is a quick analysis for APEUSDT
not much data on this so support/resistance have yet to really be tested over the long term
just wanted to give everyone who is thinking about investing or trading this project some price points to look out for
happy trading
mindset matters
Price prediction for APEAPE has had quite high volatility these recent days.
On 4H Timeframe, it seems to form a bullish bat pattern. I anticipate an early leg down here before a possible reversal at point D ($11.6). But the first stop for good profit should be $13.8 (quite good support at this level).
One reason for this early reversal prediction is that there is a Bearish spinning top candle formed.
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 ❤️
Please support our activity with your likes👍 and comments📝
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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APEUSDT SHORT TRADE PLANSHORT APE USDT.
CUT LOSS IS 1-2 PERCENT ABOVE C LEG.
C LEG IS CONFIRMED TO BE A REJECTION ZONE AS IT IS A FAIR VALUE GAP ZONE AND ALSO A RESISTANCE.
TRADE AT YOUR OWN RISK.
Trading risks are magnified by leverage – losses can exceed your deposits. Trade only after you have acknowledged and accepted the risks. You should carefully consider whether trading in leveraged products is appropriate for you based on your financial circumstances and seek independent consultation. Please also consider our Risk Warning and General Business Terms before trading with us.