TradingOn

$APE/USDT 12h (#Bybit) Ascending trendline retest

Short
TradingOn Mis à jour   
BYBIT:APEUSDT   APEUSDT SPOT
ApeCoin is facing 100EMA resistance and seems likely to be rejected on it.

⚡️⚡️ #APE/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (1.0X)
Amount: 12.3%

Current Price:
5.200

Entry Zone:
5.243 - 5.695

Take-Profit Targets:
1) 4.406
2) 3.614
3) 2.818

Stop Targets:
1) 6.354

Published By: @TradingOn

Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +19.44% | +33.92% | +48.48%
Possible Loss= -16.18%

Fib. Retracement= 0.618 | 0.786 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 1 month

Tags: #APEUSDT #BoredApe #BAYC #Metaverse #NFT #Gaming #Web3 #Creation #DAO #Governance #DeFi

Website: apecoin.com

Contract:
#ERC20 0x4d224452801aced8b2f0aebe155379bb5d594381
Transaction en cours:
All entries filled and up to +8.58% (1x) profit

ApeCoin is following the plan pretty well after faking out bullish, Stop Loss was wide enough.
Local up-trend seems broken and 1st target is in play, let's be patient enough until then!

Trade fermée: ordre d’arrêt atteint:
SL hit with -16.18% (1x) and -1R

ApeCoin bounced back after almost hitting TP1, up to +16.69% it would have been.
It seems to have broken out bullish after but still unclear if it was a stop hunt or a new up-trend start.

Transaction en cours:
Seems like it was a stop hunt after all, 100EMA support is lost and would likely head towards targets.

Trade fermée: cible de profit atteinte:
+48.48% and +3R

Final target finally reached, sub 3$ was definitely due!


Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.