APEUSDT trade ideas
APE - steaking put into the projectLast week they introduced stacking. According to observations after stacking, the coin starts to downmoves.
Technically we are above the bear trend.
and below the resistance level of $4.5.
The trendline blues are acting as support and if the price goes near them, the price will most likely fly to $3.5
In any case, there are a lot of layouts.
I will only make a breakdown of this level or trend line.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your
your friends.
APE Short setupShort position at the top range, we are currently at resistance. This was a multi month support turned resistance, and if we don't get a massive volue to breakout, this is just a retest that will end in a visitaion of the low zone and even further more. Max drawdown target shown in the image. Tight SL above resistance
APEUSDT | BREAKOUT AHEADAPE has formed a double bottom on strong horizontal support zone.
The price is currently trading near the falling trendline.
The bulls need to break above the resistance.
We are expecting bulls will took charge and price can broke above the resistance.
Manage your trades accordingly.
APEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for APEUSDT
Here we have R2 and R1 as the resistance areas that include the unsuccessful attempts of price to rise. And S1 is a long-term support area which contains the support of price since the past. At the moment, there is the fluctuation of price over R1 and we believe it will rise up to R2 and then by giving us some falling signs, the short position of our chart is activated and a decline down to S1 is expected for it. In case the price is able to move over R2 and fixes in that area, then more rise will be there for it. It is highly recommended to activate your stop-loss points for experiencing more logical trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
APE: Channel Down PatternApe Coin (APE) technical analysis:
Trade setup : Trading in a Channel Down pattern and appears on the verge of breaking out. 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 : Neutral on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). 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, then $5.00, and $6.00.