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.
Apeusdtanalysis
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/USDT 2 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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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.
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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 ❤️
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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 $19.75-20.75
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$APE Trade Idea & Buy Zone - Be Ready To Buy After a -60% DropHi Traders,
$APE as per my analysis is going to reach the 8.9~7.6$ which will give a good entry for scalpers and day traders, and even swing traders maybe..
After Activation, STOPLOSS will be a 2 Hours close below 7$
I will update then and give you possible targets if activated.
If it doesn't drop and not activated, then entry will be after Any 2 Hours close above 14$ which will lead to 17$ then 21$
NFA, DYOR, and Good Luck.
Remember, NEVER RISK MORE THAN 5% ON ANY TRADE!
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