APEUSDT trade ideas
Buy APE only when it breaks this level!Here's a quick look at the daily APE chart. As we can see, the price has been in a downtrend for some time now, and the best entry would be when the price breaks back above 4.51$! This will only happen if BTC decides to go north. The current market sentiment isn't bullish, so this setup has a low probability of playing out.
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The idea is: Buy when the price breaks above 4.51$ and take profits at the levels shown in the chart.
Targets:
1. 5.2$
2. 6.4$
3. 7.3$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
APE. Nothing unusual, just hype token.Soon there may be a deep disappointment for APE holders. In fact, this is a token for the sake of a token. TA also does not show any strength. The price has been licking the $4.5 level since June. Recently, we broke it down... Now, we have tested $4.5 level from below, which potentially indicates a bearish trend where the target of the decline is the middle of descending channel at $2.31 (with a time shift). Also, a signal for the continuation of the downtrend is moving average, which we tested and again rejected down.
APE Short here
📉Sell the break (Market/Limit on retest)
$ 3.855 (Add margin if u still profit's)
level to look for 📈
📍$ 3.468 (Shallow retracement from recent high/Previous Flip)
📍$ 3.378 - 3.327
Take profit or ready for long's,
🏷 Ideas will be updated based on price action at those level's mentioned above.
APE fall vs A1000x True reversal pointHello traders!
Welcome back with another episode with Analyst Aadil1000x.
This is an update of APEusdt. There was a crazy fall and APE reversed exactly from the A1000x True reversal point(3.866). Happy to see a perfect reaction.
This is the updated version of the A1000x True reversal point. I was working on an update since the start of this year and I was not able to make it perfect but now it looks like this update is the perfect one and as a result, we smashed all previous trades except the last trade.
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🔥 APE Waiting For Break OutAround two weeks ago I made an analysis on APE and the bullish wedge it was trading in. The expectation was that APE would move towards the top resistance, and here we are.
Next couple of days are going to be very important for the near direction. If BTC remains neutral/bullish, we can safely expect that APE will break out. Ideally, we'd see a big green candle with ample volume to confirm the bullish bias.
On the other hand, if BTC falls we can assume that APE will follow. Most likely it will go to $3, maybe even the lower support of the pattern.
Ape Buy limitHello Traders!
Welcome back to another episode with Analyst Aadil1000x.
Today we are going to set a buy limit from true reversal point. Coincidentally there is also a support zone so it's another good sign to buy the APE.
Ape Buy limit 3.866
Ape Stoploss 3.842(-0.6%)
Target 1, 3.924(+1.5%)
Final Target 3.99(+3.26%)
Don't forget to hit the like button and follow to stay connected
APE: Channel Down PatternTrade setup : Trading in a Channel Down pattern. Swing traders can trade the Channel (Enter near support trendline, Exit near resistance trendline). Trend traders ought to wait for a breakout. If it breaks out above Resistance Trendline (around $4 currently), price could rally to $5 or higher.
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 : Uptrend on Short-Term basis and Downtrend on Medium- and 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 $3.00. The nearest Resistance Zone is $4.00, which it broke, then $5.00, and $6.00.
$APE - looking good to Ape inHello my Fellow TraderZ,
Just have a look at $APE #APECOIN, this is the perfect trendline rejection and I am still waiting to break this strong Trend.
Price is currently taking support of the 55+200 ema on 4HTF and bouncing. Once TL breaks I am eyeing for atleast 22% gains. Watch this out. No hurry to take the trade before any retest.
Happy Trading. CHEERS!!!
APE continuing its upside movewe saw APE in the last few days making huge progress, while the market was dumping it was trending upside, it started from 2.800 areas climbing to 3.500, then today it climbed to 4.480 as an unexpected movement same as before.
It formed a falling wedge in terms of what matters now, and also broke upside resistance, so I expect a huge movement now.
NOTE: DYOR, don't trust anyone in trading except for yourself, trading is about personality.