APEUSDT trade ideas
APEUSDT / ETH - Long Attention Zones - Ascending WedgeAt current levels of consumption with Dookey Dash, use of Stake at Apestake.io and strong market trend in general (bullish), APEUSDT may look for past tops in the short/medium term, according to the ascending wedge on the chart.
I also recommend to take a look at the chart on the APEETH pair, where a possible pattern descending wedge is happening (continuation), reinforcing the idea of new highs.
Not a Financial Advice, DYOR.
APE: Resistance BreakoutApe Coin (APE) technical analysis:
Trade setup : Following a bullish breakout from Channel Down pattern, trends reversed to bullish. Price now broke above $6 resistance, showing strength and Uptrend continuation. Could revisit $7.50 next.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $5.00 (previous resistance), then $4.00. The nearest Resistance Zone is $6.00, which it broke, then $7.50.
$APE - chart saying something differentHello my Fellow TraderZ,
No doubt last few days have been awesome and ballastic for most of the tokens.
$APE also showed us a massive 146% gain. Now it is seen that RISING WEDGE is in formation. RSI, price on 4HTF & DTF creating Bearish Divergence. Also we could see some exit pump also. But be cautious if in profits, never hesitate to TP.
Divergence could play anytime and we will see a pullback to test Daily EMA 200.
CHEERS!!!
🔥 APE Wedge Break Out: Next Leg UpAround two weeks ago I made an analysis on APE and the falling wedge break out that had occurred. My initial two targets got hit for a nice ~50% gain, congratulations if you took the trade.
At the moment, both APE and BTC seem a tiny bit overextended after yesterday's move. I'm looking at the yellow support area to enter on a small pull-back.
Targets in blue.
The asset is traded in an upward movement on elevated volumesThe asset is traded in an upward movement on elevated volumes, which indicates the participation of large capital, there is a squeeze to the resistance level at 6.40, which was not broken from the first time. The price tested three times the oblique trend, which indicates the strength of the buyer, I expect a trade before the level with a further impulse breakthrough. Login via the above trading system!