APEUSDTPERP
APE APE APE APEAPE Long
APE simple and basic Analysis,
Making Head and Shoulder
This is only for scalping or if youre very strong you can try holding it till it goes up
anyways demand and supply only indicators
bounce area at the demand
you know what happens when h and s is forming
thats it for my post.
Remember
Risk management
Use stop loss
never risk when youre not confident
dont go with the flow
Dont chase the market price
let the market chase your price
smile :P
-MercilessDolphin
Parabolic Arc Pattern in APE , possible retracement !!!Parabolic arc chart patterns form when there is a steep rise in prices caused by irrational buying and intense speculation. Parabolic arc patterns are rare, but they are reliable and are generated in mega-bull trends.
These patterns trend gradually making higher highs and lower lows in the beginning stages but can be volatile in the exhaustion and reversal stages. Irrational buying in the public generates a strong rally to push prices vertically, followed by a steep sell-off.
Parabolic arc is a reversal pattern and has a very predictable outcome. Although these patterns are predictable, they are relatively difficult to trade since the market sentiment is bullish and may be fairly tough to point reversals to trade. Most parabolic arc patterns have a significant correction of 62-79% of its price rise (from the top).
Once parabolic arc patterns reach their target of 62-79%, they tend to reverse as an oversold bounce. Usually these bounces are between 25-50% of its prior fall range from the peak.
In this APE 1hr Chart, I can see a 2 possible based of parabolic chart but both may give you a retracement in between 50%-80% which is 16-19$. We have an ORDERBLOCK as well in 17.2$ which possible price will comeback there as per Smart Money Concept trading.
Get additional confirmation in other indicator or signal for your own trade. Use this chart only as a guide.
For more info of my strategy , I have free tutorials and just visit my YT channel below.
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/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
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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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.