要約

The 50 EMA slope flipped to a viable support level. Responding to the global market sell-off inMay, APE prices took anosedive, generating a highly bearish resistancetrendline. The selling spree took the market value to a low of$3, more than50% lower than the listing price on Coinbase of $8.15. However, the APE price trend turns bullish with a cup and handle pattern with the neckline near the$5 supplyzone. The rising price gives the bullish breakout of the reversal pattern and goes against the200-Day EMA. Considering the opposing EMA drives the APE prices back to retest the broken supply zone, buyers can find a high reward entrypoint.Thus, the bulls can expect the breakout rally to reach overhead resistance at the$6 mark or even the$7.40 mark if the bullish momentum sustains. EMAs: the 50 EMA has acted as a dynamic resistance sincerecently, the buyers breached it on July19th. This flipped support should bolster APE prices to complete the bullish reversal pattern. MACD indicator: the MACD and signal line rising with a significant spread betweenthem, indicating growth in bullish momentum.

本文翻訳

The APE/USDT technical chart shows the formation of a cup and handle pattern in the 4-hour time frame chart. Amid improving market sentiment, coin buyers offered a decisive breakout from the pattern’s neckline resistance of $5. Completing the reversal pattern, the coin price shows a 21% growth opportunity. Key points: The post-rest rally of the cup and handle pattern breakout could pump the APE price to the $6 mark. The 50 EMA slope flipped to a viable support level. The intraday trading volume in Apecoin is $483.5 Million, indicating a 121.2% gain. Source- Tradingview Responding to the global market sell-off in May, APE prices took a nosedive, generating a highly bearish resistance trendline. The selling spree took the market value to a low of $3, more than 50% lower than the listing price on Coinbase of $8.15. However, the APE price trend turns bullish with a cup and handle pattern with the neckline near the $5 supply zone. The rising price gives the bullish breakout of the reversal pattern and goes against the 200-Day EMA. Considering the opposing EMA drives the APE prices back to retest the broken supply zone, buyers can find a high reward entry point. Thus, the bulls can expect the breakout rally to reach overhead resistance at the $6 mark or even the $7.40 mark if the bullish momentum sustains. Conversely, the sellers can expect the retest failure rally to cross under the $5 mark, potentially reaching $4. Technical Indicator EMAs: the 50 EMA has acted as a dynamic resistance since mid-April; until recently, the buyers breached it on July 19th. This flipped support should bolster APE prices to complete the bullish reversal pattern. MACD indicator: the MACD and signal line rising with a significant spread between them, indicating growth in bullish momentum. Resistance levels: $6 and $6.5 Support levels: $4.8 and $4

引用リンク

出典：https://coingape.com/markets/apecoin-price-analysis-reversal-pattern-sets-21-rise-in-ape-price/