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JVS_Signals

APE Short Scenario

Short
APE / TetherUS (BINANCE:APEUSDT)  
JVS_Signals  
BINANCE:APEUSDT   APE / TetherUS
Trend Analysis Wave Analysis Technical Indicators APEUSDT apeusdtanalysis apeusdtchart apeusdtidea apeusdttrade Cryptocurrency crypto profit signal
13
3
trendanalysis waveanalysis indicator apeusdt apeusdtanalysis apeusdtchart apeusdtidea apeusdttrade cryptocurrency crypto profit signal
APEUSDT Signal
  • Entry - After breakout of channel
  • Target - $14.3
  • Invalidation - Top of wave 5
  • Risk to reward ratio - About 3.5
Technical confirmations
  • Price is forming an ending diagonal.
  • Full cycle of Elliot wave impulsive part is coming to an end.
  • When the price will break the channel then correction will start.
  • RSI indicator is showing weakness on 1H timeframe.
  • AROON indicator is showing loss in bullish momentum indicating that soon the price should reverse.
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