$APE/USDT 4h (#BinanceFutures) Descending trendline breakout
ApeCoin is pulling back to 50MA support and is forming a bullish flag on Low TF, looks ready for a rally!
Current Price= 4.251
Buy Entry= 4.231 - 3.917
Take Profit= 4.790 | 5.452 | 6.113
Stop Loss= 3.499
Risk/Reward= 1:1.25 | 1:2.4 | 1:3.55
Expected Profit= +17.57% | +33.82% | +50.05%
Possible Loss= -14.11%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 10 days
Tags: #APE #APEUSDT #Metaverse #NFT #Gaming #Web3 #Creation #DAO #Governance #DeFi
Website: apecoin.com/
Contract:
#ERC20 0x4d224452801aced8b2f0aebe155379bb5d594381
Current Price= 4.251
Buy Entry= 4.231 - 3.917
Take Profit= 4.790 | 5.452 | 6.113
Stop Loss= 3.499
Risk/Reward= 1:1.25 | 1:2.4 | 1:3.55
Expected Profit= +17.57% | +33.82% | +50.05%
Possible Loss= -14.11%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 10 days
Tags: #APE #APEUSDT #Metaverse #NFT #Gaming #Web3 #Creation #DAO #Governance #DeFi
Website: apecoin.com/
Contract:
#ERC20 0x4d224452801aced8b2f0aebe155379bb5d594381
Trade closed: target reached:
TP2 was reached with +33.73% (1x) and +2.4R
ApeCoin went up retesting 200MA resistance where it got rejected and retraced down to demand zone.
Last target remains valid, if you are still holding better place a SL at BE though (4.231 for example)
ApeCoin went up retesting 200MA resistance where it got rejected and retraced down to demand zone.
Last target remains valid, if you are still holding better place a SL at BE though (4.231 for example)
ApeCoin is testing the demand zone and dips seem to be bought so far.