APE/USDT : Bullish exit from triangle triggered - What next?
Previous Analysis : https://tradingview.sweetlogin.com/chart/APEUSDT/jTNwVN8k-APEUSDT-Consolidation-in-Triangle-before-bullish-exit-to-17-50/
context :
After the recent Token listing the market is evolving within a classic pause range after an eratic raise right after the listing. APE is already providing 28% of its total supply in circulation with a 26 rank place on Coin market cap with $5,716,251,563
After having 17,50 and confirmed the bullish exit the APE coin is on the road to 22 before 27 even more
Last news : https://tradingview.sweetlogin.com/symbols/APEUSD/history-timeline/#ape-prices-go-bananas-2022-04-21
Key Element:
- EMA Support around 17,60
- Auto-similar move and fibo extension 22 and 27
- Key fibo support 14,70
Tactical view
Buy and add in any dip as long as 27 hasn't been reached
Enjoy my Friends !
Previous Analysis : https://tradingview.sweetlogin.com/chart/APEUSDT/jTNwVN8k-APEUSDT-Consolidation-in-Triangle-before-bullish-exit-to-17-50/
context :
After the recent Token listing the market is evolving within a classic pause range after an eratic raise right after the listing. APE is already providing 28% of its total supply in circulation with a 26 rank place on Coin market cap with $5,716,251,563
After having 17,50 and confirmed the bullish exit the APE coin is on the road to 22 before 27 even more
Last news : https://tradingview.sweetlogin.com/symbols/APEUSD/history-timeline/#ape-prices-go-bananas-2022-04-21
Key Element:
- EMA Support around 17,60
- Auto-similar move and fibo extension 22 and 27
- Key fibo support 14,70
Tactical view
Buy and add in any dip as long as 27 hasn't been reached
Enjoy my Friends !
Trade closed: target reached
Note
Update => 19 support - target 35 next oneTrade active
19 has been penetrated confirling big ZAG-ZAG auto similar move with a buying area set at 15,70/13,50 with a common part recovery target at 21,10/22,40. Common part mean strong confidence to see the move be realisedThe upside confirmation level is set at 24,50 to open 35.
We are at strong buy level to play 21,10 now. but to open 35 we need more confirmation, a trading range in zig-zag can't be ignored before a new ATH
CIO & Head of market research (Automata - Vancelian)
vancelian.com/en
vancelian.com/en
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
CIO & Head of market research (Automata - Vancelian)
vancelian.com/en
vancelian.com/en
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.