TradingOn

$APE/USDT 4h (#BinanceFutures) Descending trendline breakout

Long
TradingOn Mis à jour   
BINANCE:APEUSDT.P   APE / TetherUS PERPETUAL CONTRACT
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
Commentaire:
1st entry filled

ApeCoin is testing the demand zone and dips seem to be bought so far.

Trade fermée: cible de profit atteinte:
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)


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.