Will APEUSDT's Cup and Handle Propel It to New Heights?Yello Paradisers! Are you prepared to capitalize on the next big move in APEUSDT? Let’s break down the current setup and what it could mean for traders.
💎APEUSDT has recently taken the liquidity from the Fair Value Gap (FVG) and is now forming a textbook Cup & Handle pattern on a key support zone. This development significantly increases the probability of a bullish breakout.
💎If APEUSDT breaks out and closes a candle above the resistance zone, this will validate the Cup & Handle pattern, further increasing the chances of a strong bullish move.
💎A bounce from the support zone is likely. To strengthen our conviction, we recommend watching for a bullish Internal Change of Character (I-CHoCH) on lower timeframes. This would stack probabilities in our favor.
💎If the price breaks down and closes a candle below the support zone, this will invalidate our bullish thesis. In that scenario, patience is key—wait for clearer price action to form before making your next move.
🎖Remember, Paradisers, trading is a marathon, not a sprint. Keep refining your skills, focus on robust strategies, and never let emotions take the wheel. Long-term success is built on patience and discipline.
MyCryptoParadise
iFeel the success🌴
APE
Is APEUSDT on the Verge of a Major Breakout?Yello, Paradisers! Are we about to witness a bullish breakout in APEUSDT, or could we be heading for a breakdown?
💎APEUSDT is showing bullish signs as it approaches a critical point. It’s currently testing the upper boundary of a descending channel and has formed a W pattern, both of which suggest a potential bullish move on the horizon.
💎However, before we can be confident in a bullish reversal, we need to see a decisive breakout and candle close above the key resistance zone. This would confirm a Change of Character (CHoCH) towards a bullish market structure, solidifying the W pattern and the breakout from the descending channel.
💎On the flip side, if the price experiences a pullback, we might see a bounce from the smaller support zone. Scalping opportunities could be ideal here, but it’s crucial to use tight stop losses (SLs) to manage risk effectively.
💎But beware! If APEUSDT breaks down and closes below the support zone, it would invalidate the bullish patterns we’re monitoring and require us to reassess our strategy.
Stay focused, disciplined, and keep your eyes on the charts, Paradisers!
MyCryptoParadise
iFeel the success🌴
APE Analysis: Bullish Breakout Potential 💎 APE has broken out of a descending channel and is also displaying signs of CHoCH in the price, indicating a potential bullish move from here or after a pullback from the Bullish OB zone.
💎If APEUSDT breaks out directly from its current position, we can anticipate targets until the next resistance zone. Alternatively, if APE experiences a pullback from its current position and starts finding support at the Bullish OB zone, it could form a W pattern, a bullish reversal pattern. This setup would offer an entry opportunity with a small stop loss.
💎Nevertheless, if the price breaks below the Bullish OB level, I will provide updates accordingly. Considering the overall market conditions, a breakdown below the OB level may prove challenging
#Ape analysis in Daily Time FrameAPE is retesting the trendline which working as support and resistance for a long time. If APE daily candle closes above the $3.82 level then we see a move toward the $4.20 area. If the price is unable to go above the $3.82 level then we see a move toward the $3.328 support level.
💡Don't miss the great buy opportunity in APEUSD @apecoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.850).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. APEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 5.504
TP2= @ 5.965
TP3= @ 6.566
TP4= @ 7.158
TP5= @ 7.718
SL= Break below S2
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💡Don't miss the great buy opportunity in APEUSD @apecoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (5.2594).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. APEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 6.2687
TP2= @ 6.7935
TP3= @ 7.4879
TP4= @ 8.4132
TP5= @ 9.7907
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in APEUSD @apecoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.8504).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. APEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 65.
Take Profits:
TP1= @ 5.1639
TP2= @ 5.6905
TP3= @ 6.3946
TP4= @ 7.2355
TP5= @ 9.3687
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Split Rebound? Companies Future?Well, Its all or nothing. Thinking for the long-term gain that HEXO has a bright future. I'm betting on another split and that the price rises like it has previously with promising earnings and a financial plan in place, Secured sub-companies and partnerships that HEXO will be one of the leaders in the industry, be it bud, extracts and beverages. HEXO will stick out as a Canadian brand and sell well across North America in the Recreational Market for Generations.
Ideally the Marijuana Business picks up again, HEXO has always succeeded at innovating on hardware and technology in there Manufacturing Facilities, they grow and process fresh, potent bud. HEXO stands on a strong foundation, just has a few cracks in the financial department. Once the bugs get ironed out it'll be business as usual. If there's one thing that bugs me about HEXO's situation is it now has to buy back the properties it operates under but that's just my opinion. After all it is a Marijuana Company not a Building Contractor.
Anyway, I believe to stock will rise, how much is anyone's guess. At this point it would be nice to at least break even knowing a lot of people are holding at the top, there's still time to get the ball rolling. There's the potential that the company gets back on its feet and is able to distribute a small yield on its shares for the Shareholders that stuck with them till the new beginning. It's a big gamble but I'm willing to save the company from its rough start with as little of allocation I have after Investing into something more stable of a return. I'm going long because at 0.72$ CAD I'm currently -37% and betting on at least a 12% return after breaking even at an average price of 3.10$ CAD as I'm writing this before the bell..
I hope I don't regret this decision but I'm going with my gut and sticking with my guns. Let me know what you think and if there's anything you'd add or take away form this. Maybe a short trade would be best to recover some losses.