APEXUSDT SPOT
Long
Zaktualizowano

APEX - 10x | 100x potential on this altcoin!

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APEX is a very promising professional decentralized exchange / platform that's why I share with you this technical analysis! I am not really encouraging people to buy the top, don't do that! Always wait for a pullback. As we can see on the weekly chart, APEX made a pretty significant pullback and filled the previous FVG (Fair Value Gap). That's, from a technical point of view a very important event!

To be precise, we have a 91% correction from the all-time high on this coin. That's a very good correction that is buyable. Usually you don't want to buy coins that dropped 99% or more; that's a sign of a scam. The coin has been trading in this wide range on the weekly chart for 1327 days and soon we should see an explosive price action.

There are 2 profit targets that you can use. The first is at the top of the range, around 3.8 USDT (10x profit). The second profit target is way above the range, but to reach this level we need an altcoin season. Altcoin seasons are often easy to predict if you know how to read the BTC.D chart. In short, take your profit at the top of the range, and if during this time we have an altcoin season, you can extend your profit target. Or take only 50% profit there.

ApeX Protocol is a decentralized, non-custodial, permissionless, censorship-resistant perpetual derivatives protocol that enables the introduction of perpetual swap markets (perpetual futures) for any token pairs. The protocol allows users to relegate crypto derivatives on the Ethereum blockchain with no intermediaries involved while maintaining total control over their private keys.

Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! I am very transparent with my trades. Thank you, and I wish you successful trades!
Zlecenie aktywne
APEX is currently in the buy zone near the end of the FVG.

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