🔥 APE Huge Falling Wedge Break Out Soon?Some time ago I made an analysis on APE and the falling wedge it was trading in. The expectation was that APE would move towards the top resistance, and were here yet again after an initial failed break out.
In case of a break out, I'm looking at the blue targets.
APEUSDT trade ideas
APEUSD ❕ strong resistance levelAPE is trading near a strong resistance level.
On the 4H TF, price is testing 50EMA as resistance.
The RSI chart is in the sellers zone (4H, 1H and 30m TFs)
50EMA has broken down 200EMA (1H and 30m TFs)
I expect the asset may start to decline after price fixes below the current range.
APE: Channel Down PatternApe Coin (APE) technical analysis:
Trade setup : Trading in a Channel Down pattern, attempting to break out. Price failed to break out once already and returned to the Channel Down. Wait for a breakout, ideally above $4 resistance. (set a price alert).
Pattern : Price is trading in a Channel Down 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 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 $3.00. The nearest Resistance Zone is $4.00, then $5.00, and $6.00.
APE/USDT looks bullish on trendHey, guys ✌️
Another coin we are interested in is going to be APE coin. Well first thing we notice is that despite that bearish movement and many liquidation hunts APE has been pretty stable and holding that trend for good now. Good chance that it might spike from here so let's see
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YongTung| APE: Buy here and get over 1000% profits!Hello my friends, how's your holiday?
Today I want to talk to you about APEUSDT, I made a few conclusions about APE.
At the moment APE price trades near to previous low and support line $3.086 level.
I expect that price can break support level and fall down to $2.086 (37% drop, fibonacci 1.27 level).
Then, I think price can bounce up from fibonacci 1.27 level and start to rise.
And I think price can break resistance line and go higher.
I set up my first target locate at the local high and resistance level $7.480 (orange line).
Also, I think price can break resistance level and continue move up until resistance zone.
Therefore I set up second target at $19.940 (blue line) and $24.694 levels (fibonacci 0.886 level).
This is my opinion, I really hope it will be useful for you.
This is an article not financial advice, always do your own research.
And please don't forget to support this idea with your like and comment, It means a lot to me, thanks.
Be prepared and save your money. Make big profits!
Happy trading!
APEUSDT " Descending Channel "BreakoutAPEUSDT Current Market Status
APEUSDT Price Prediction 2022
Descending Channel also known as the falling channel . A descending channel is formed by two parallel trendlines . The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.
Currently, APEUSDT is in the range of $3.886. If the pattern continues, the price of APEUSDT might reach the resistance levels of $7.700 ,If the trend reverses, then the price of APEUSDT may fall to $2.678
Happy Trading
APE scalp shortAs we are now seeing the third hit to the high on APE 1hr chart, it's decision time on whether they will continue to take price higher or whether we will see 3 levels of drop to the downside.
At first glance, and especially when you look at how many longs they have trapped already, it appears like a clear opportunity for a short. We have to take a few things into consideration. Firstly, it's weekend and secondly it's XMAS. That usually means price will move at a snails pace and the interest will eat away at your short position.
The worrying thing for me is that APE, and many other assets, look very 'bullish' on the daily chart and they may very well blast through this level and continue higher. I already opened a long at 3.540 as a hedge in preparation for this short opportunity so I have a little room to work with there if I do decide to open a small short.
If they have the intention to take price lower, they will take it into the manipulation zone where they will stall and take plenty of time to do their dirty work.
Best of luck if you decide to take this short in the hope of an early Xmas present ;-)
APE scalp longIt seems there is an opportunity for a quick scalp on APE if price retests the 3.583 to 3.600 zone and bounces.
The market maker moves in three's and we can clearly see on the hourly chart that we had rise level 1, retrace, rise level 2, retrace and now we are on rise level 3. I think wave traders would say we are on wave 5.
Of course, if you don't believe that price is under the control of market makers, then there's nothing to see here ;-)