APEUSDT
APE: Channel Up BreakoutTrade setup : Bearish breakout from a Channel Up pattern could signal bearish trend reversal near-term with downside risk to $1.00.
Pattern : Price was trading in a Channel Up 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 on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $1.50, which it broke, then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
#APE #Technical #Analysis #VIP #Eddy#APE #Technical #Analysis #VIP #Eddy
The analysis is on request and I made the chart for you in an educational way. Please also pay attention to the following explanations:
The green line that I specified is a PRZ point, which has become a static support and has a lot of power. Also, let's look at the multi-time frame with ICT and RTM tricks. And in Pullback, FTRs can also be triggered. Classically, our PRZ point has a very beautiful double bottom, the time frame is daily, the stops are not logical, the entry point and the trading stop are excellent, look for the entry trigger in the lower time frame. Please do not log in without getting confirmation and do so at your own risk. This analysis is suitable for traders, if you don't know how to trade and manage capital and risk, this analysis is not suitable for you.
The World Let it be Remembered...
Dr. #Eddy Sunshine
1/3/2024
Happy New Year <3 Enjoy ;-)
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern.
Swing traders: can enter near Channel support trendline (~$1.70) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up 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 : Uptrend 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 $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.70) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up 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 : Uptrend 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).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up 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 : Uptrend 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 $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up 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 on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern.
Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up 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 : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
#APEIt is moving in a downward trend, which in case of support in the specified area in the higher time, this movement can continue up to its major ceiling. Currently, a corner pattern has been formed that this compression can be broken from above, which in case of failure, as mentioned, can continue its growth up to the specified range. In addition, if the candle closes below the range, this analysis will be invalidated.
Ape Hi,
Buy on green
Sell in Red
Bye
Disclaimer: Important Trading Disclaimer
The content and ideas shared on my account are for informational purposes only and should not be considered as financial advice. Trading involves risks, and decisions to buy or sell financial instruments should be based on careful consideration of your own financial situation, risk tolerance, and investment objectives.
APE: Channel UpApe Coin (APE) technical analysis:
Trade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend. (set a price alert).
Pattern : Price is trading in a Channel Up 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 : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Approaching SupportApe Coin (APE) technical analysis:
Trade setup : Trends are improving, although price still needs to break above 200-day moving average (~$1.81) to confirm an Uptrend. But if it does, it could revisit $2.00 or even $2.50 thereafter.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
Don't Miss Out on APEUSDT's Upcoming Gains!APEUSDT: Unveiling the Next Profit Potential
🔅APEUSDT is poised to become the next major winner, as per our meticulous analysis. While we can't divulge all the details just yet, it presents an ideal buying opportunity on the technical front.
🔅Firstly, an intriguing transformation unfolds as the supply zone seamlessly transitions into a demand area, resulting in the creation of a new higher high. The ongoing pullback journey now finds APE brushing against a crucial uptrend trendline, thus unfurling a compelling buying opportunity coupled with a favorable risk-to-reward ratio.
🔅Rest assured, we've already posted the entire trade setup in our dedicated channel and will provide timely updates as the market dictates. As it stands, our sentiment remains overwhelmingly bullish on APEUSDT.
APEUSDT Idea - APECOINHey Traders...
In my opinion, there are 2 possibilities for an upward movement.
Price correction towards $1.660 support area and then upside move with targets of $1.75 and then $1.80.
The second possibility is obvious, the continuation of the same upward movement path.
Happy Trading!
KUCOIN:APEUSDT BINANCE:APEUSDT
⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities.
✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
Analyzing APE: Mathematical Formulas Point to Potential BuyingBased on my analysis, which is based on my own mathematical formulas and psychological analysis, I conclude that the cryptocurrency APE may decrease to the level of $ 1.55 , and this level represents a good opportunity to buy.
My mathematical calculations include the analysis of price movements, trading volumes, and other technical indicators that help me identify potential reversal points and trends in the market. Additionally, I pay attention to psychological analysis, studying the emotional state of market participants, their sentiments, and reactions to news and events.
However, it is important to note that any forecast in the cryptocurrency market is not an absolute guarantee. The cryptocurrency market is known for its high volatility and is subject to various factors that can influence the price of an asset.
Therefore, before making any investment decisions in APE or any other cryptocurrency, it is recommended to conduct your own research, considering both technical and fundamental aspects of the project. It is also important to consider your personal investment goals, financial situation, and risk tolerance. Seeking advice from financial advisors or experts in the field can be helpful in making informed decisions.
APE: Approaching SupportApe Coin (APE) technical analysis:
Trade setup : Trends are improving, although price still needs to break above 200-day moving average (~$1.81) to confirm an Uptrend. But if it does, it could revisit $2.00 or even $2.50 thereafter.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.