APE/USDT : Bullish exit from triangle triggered - What next?

28 apr 2022

APE/USDT : Bullish exit from triangle triggered - What next?

Previous Analysis : https://www.tradingview.com/chart/APEUSDT/jTNwVN8k-APEUSDT-Consolidation-in-Triangle-before-bullish-exit-to-17-50/

context :

After the recent Token listing the market is evolving within a classic pause range after an eratic raise right after the listing. APE is already providing 28% of its total supply in circulation with a 26 rank place on Coin market cap with $5,716,251,563

After having 17,50 and confirmed the bullish exit the APE coin is on the road to 22 before 27 even more

Last news : https://www.tradingview.com/symbols/APEUSD/history-timeline/#ape-prices-go-bananas-2022-04-21


Key Element:

- EMA Support around 17,60
- Auto-similar move and fibo extension 22 and 27
- Key fibo support 14,70

Tactical view

Buy and add in any dip as long as 27 hasn't been reached


Enjoy my Friends !

29 apr 2022

Trade chiuso: obiettivo raggiunto

29 apr 2022

Nota

Update => 19 support - target 35 next one

2 mag 2022

Trade attivo

19 has been penetrated confirling big ZAG-ZAG auto similar move with a buying area set at 15,70/13,50 with a common part recovery target at 21,10/22,40. Common part mean strong confidence to see the move be realised

The upside confirmation level is set at 24,50 to open 35.

We are at strong buy level to play 21,10 now. but to open 35 we need more confirmation, a trading range in zig-zag can't be ignored before a new ATH