ApeCoin is printing new ATHs and pushing higher but RSI reminds us it is likely to reverse sooner than later.
Current Price= 22.330
Sell Entry= 22.306 - 23.498
Take Profit= 19.794 | 17.454 | 15.372
Stop Loss= 25.502
Risk/Reward= 1:1.2 | 1:2.1 | 1:2.9
Expected Profit= +27.14% | +47.58% | +65.76%
Possible Loss= -22.70%
Fib. Retracement= 0.236 | 0.382 | 0.559
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Tags: #APE #APEUSDT #NFT #Metaverse #Gaming #Creation #Web3 #DAO #Governance #DeFi
Website: apecoin.com
Current Price= 22.330
Sell Entry= 22.306 - 23.498
Take Profit= 19.794 | 17.454 | 15.372
Stop Loss= 25.502
Risk/Reward= 1:1.2 | 1:2.1 | 1:2.9
Expected Profit= +27.14% | +47.58% | +65.76%
Possible Loss= -22.70%
Fib. Retracement= 0.236 | 0.382 | 0.559
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Tags: #APE #APEUSDT #NFT #Metaverse #Gaming #Creation #Web3 #DAO #Governance #DeFi
Website: apecoin.com
Transaction en cours:
SL moved up to 26.010
Trade fermée: ordre d’arrêt atteint:
SL hit with - 27.14% (2x) and -1.2R
ApeCoin went for upper-line channel where we should have waited for it... 😔
ApeCoin went for upper-line channel where we should have waited for it... 😔
Trade fermée: cible de profit atteinte:
TP1 would have been reached with up to +39.52% (2x)
ApeCoin broke the channel down and is finally retracing to 50MA, don't forget to TP on the way if you held short.
ApeCoin broke the channel down and is finally retracing to 50MA, don't forget to TP on the way if you held short.
Trade fermée: cible de profit atteinte:
TP3 would have been reached with +65.76% (2x)
ApeCoin pulled back to supply zone then dropped stronger, congrats if you held short!
ApeCoin pulled back to supply zone then dropped stronger, congrats if you held short!
ApeCoin retraced -26.21% from top, it was definitely the place to short but we were not patient enough.
You can see how RSI suddenly reversed as well, leaving overbought territory, we'll keep a close eye on it!