APEUSDT : Bullish potential till 17,50 (Short-term)
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 41 rank place on Coinmarketcap with €3,157,305,347.
We can be confortable to see a further trading range with a test of the 14,70$ before a tentative of bullish exit to 17,50 regarding the current historical data projection.
Key Element:
- Action/reaction (back and force move) between key triangle fibonacci ratio calling for Triangle pattern (16,50/9,70)
- Auto-similar move and fibo extension 17,50 and 21
Key support fibo at 11,20
From a Risk/rewards perspective i am quiet confortable to buy the coin to play the common part till 17,50
Enjoy my Friends !
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 41 rank place on Coinmarketcap with €3,157,305,347.
We can be confortable to see a further trading range with a test of the 14,70$ before a tentative of bullish exit to 17,50 regarding the current historical data projection.
Key Element:
- Action/reaction (back and force move) between key triangle fibonacci ratio calling for Triangle pattern (16,50/9,70)
- Auto-similar move and fibo extension 17,50 and 21
Key support fibo at 11,20
From a Risk/rewards perspective i am quiet confortable to buy the coin to play the common part till 17,50
Enjoy my Friends !
Trade active
Key support adjusted to 13,30 with 17,50 as next target
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.