APEUSDT trade ideas
APEUSD5 - 4H - ABC Correction finishedA nice ABC correction completed a the 0.61 retracement and channel.
Price is already reacting to the zone and breaking last low.
Lets see!!
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long APE$APE is bouncing off the support level. Bullish movement to resistance level at 5$ is possible.
APEUSDTPER BinanceApeCoin price is currently down 14% for the month of October. The Ethereum-based token witnessed a sharp decline during the start of the second trading week of October, as the bears rejected upward movement from the 8-day Exponential Moving Average. Based on the strong rejection, if the ApeCoin price does not recover soon, a sweep-the-lows event will be imminent.
APE price currently auctions at $4.68. The bears have successfully breached the boundary of support on the Relative Strength Index. As the indicator descends into extremely oversold territory, an influx of bearish volume is spotted on the 8-hour chart. Combining these two factors, APE price should decline further, with September low at $4.29 and the June 15 lows at $3.12 as key targets.
Long APE/USDTWe have a bullish divergence, stochastic and rsi
Rejection from demand area
Target 4.8$
APEUSD LongApeCoin big triangle!
Market touches triangle support now it's time to reach resistance around $5.7 level .
APE head and shoulders pattern and trend lines#APE/USDT
$APE shaped a head and shoulders pattern and broke down from ascending trend line.
🐻 so price can drop more to support zone that is the same with neck line of H&S pattern.
then it will have a pullback to broken trend line and if reject from this line it will drop more to support zone around $3.
🐮 but holding the neckline as a support and break out from resistance zone will increase price toward upper ascending trend line.
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APE/USDT Bad news = Dump so whats now? Hey guys!
APE/USDT coin has been an interesting coin in our opinion in which we believed for some time. Well project still is great but due to the news of SEC and Yuga Labs (Founder of this coin) the coin had a massive drop. Well we will be looking closely at this coin for now as we are sitting on good support. Holding this zone would mean bullish movement and breaking this would mean going for lower levels
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We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Ape shortI there should be a good short for ape from here. I just hope my analysis help others to see through
APE is doing something very interesting.Scalp traders know what's up.
Are you bullish or bearish? Curious on everyone's opinion before I give mine.
APE/USDT 1DI think we will continue going down this corridor till we tap demand and break through it
APEUSDT | SYMMETRICAL TRIANGLEAPEUSDT has been trading in a symmetrical triangle.
The price has been converged in a triangle.
The price may face horizontal resistance above break of triangle as 0.50 fib level.
The bulls need to break above the triangle, While bears will be in control below the falling resistance.
Manage your trades accordingly.
