Might ApeCoin (APE) suddenly pump the same way as AXS did ?ApeCoin (APE) potential growth projection
Gaming and AI is now the new trend.
ApeCoin (APE) Fibonacci projection in 1D timeframe shows mid term potential growth.
Question remains will it show same type of instant boost as AXS did from 5 to 14 within few days only.
ApeCoin (APE) and Axie Infinity ( AXS ) are two my favourites for trading. AXS is not so hype project as the newer APE but has shown lately very nice boost. These two tend to move together, always one first and another soon after.
Gaming is certainly one to look into and APE is certainly very promising one.
In case the bull market lasts this scenario is only question of time, might happen suddenly. I would expect first a correction but a lot depends of the Bitcoin move and the money flow into the industry and macro economics.
APE is one of my favourite for trading in futures , high leverage can be applied easily, a bit slow but quite trustworthy in it's movement.
Good Luck!
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APE
✴️ APE Aims At $10 After Triangle & Broken DowntrendAPEUSDT has come out ahead of a rising triangle and also broke free of its August 2022 downtrend.
Currently trading above MA200 with a bullish cross with EMA10 happening at the same time; EMA10 and MA200 bullish cross.
MA200 was initially conquered 10-Jan., prices moved down and this level was tested as support.
Now that APEUSDT is trading back above it, this is the confirmation that it holds.
Above MA200 = Potential for long-term growth.
As long as the current price is above this black line, we can expect additional growth.
The immediate target is set at $5.815 followed by the range $6.500 - $6.685.
Only after these levels are taken out can we see the light to $10+.
After more than a year of bear action, it is not incredible to see this and other pairs growing for a few months.
Call it a relief rally or a recovery... It doesn't matter as long as Cryptocurrency grows.
Namaste.
GME, APE, AMC Trading Data 1-19-22 to 1-19-23$GME
284,152,540 - Shares Traded Short Reported
4,433,987 - Shares Traded Short Exempt
491,230,683 - Shares Traded
Chart shows 2.8 Billion shared traded on the Yearly for 2022
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$AMC
2,869,327,325 - Shares Traded Short Reported
73,070,781 - Shares Traded Short Exempt
5,292,793,100 - Shares Traded
Chart shows 10.4 Billion shared traded on the Yearly for 2022
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$APE 8-22-22 to 1-19-23
1,395,763,913 Shares Traded
28,236,308 Shares Traded Short Exempt
661,931,758 Shares Traded Short
Chart shows 2.27 Billion shared traded on the Yearly for 2022
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Data is referenced from here.
www.finra.org
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Seeing a couple counts, but regardless of count, a Zig Zag or 12,12 sticks out as the major ideas here. 4.20 is the larger area I will be watching to base some plays off of. Depending on retractions and and waves to levels.
Cheers!
💀ApeCoin💀Analyze (Road Map)🗺️(Update)🔁Today I updated Roadmap 💀ApeCoin💀 for you.
I suggest you carefully read my previous post about ApeCoin (according to my analysis, ApeCoin moved well).👇✅😎
ApeCoin is moving near the resistance zone on the daily time frame; also, it seems the D point of the bearish AB=CD harmonic pattern has formed in the TRZ(Time Reversal Zone).
I expect ApeCoin to decline to at least the EMA100 & support zone and the downtrend line.
Also, we can see the end of movement at the StochRSI indicator👇.
If ApeCoin can break the resistance zone upwards, we can confirm the end of the main wave Y; otherwise, the main wave X will continue.
ApeCoin Analyze ( APEUSDT ), Daily Timeframe ⏰(Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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APE Coin: We have a bearish view in short term.... 😢Hello everyone!
We are most likely wrong but at the moment we are not attracted by the ApeCoin trend, so our idea is to sell this short-term rally. Technically, we see a area around 3.80 as a potential short-term bearish target.
Next resistance area on 1h chart:
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
APE CAN GO UPPERHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the APE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
APE: Major Weekly Trend Line BrokenAPE has been trading below this major trend line since May 2022. As we can see on the weekly chart, APE has finally broken through the trend line and has reached the first resistance zone between $5.00 - $5.25.
Assuming the bullish momentum continues in the coming weeks, the next major target would be $6 - $6.25.
Invalidated with a break below the trend line.
APE: Approaching ResistanceApe Coin (APE) technical analysis:
Trade setup : Following a bullish breakout from Channel Down pattern and above $4 resistance, price reached our estimated target of $5 (resistance). Now we wait for 1) breakout above $5 to indicate continued uptrend, or 2) pullback near $4 support for a swing entry.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $4.00 (previous resistance), then $3.00. The nearest Resistance Zone is $5.00, then $6.00.
Bear flag or revival pattern?I've been asked to analyse APE so here it is my point of view.
This seems a lot a bear flag, I don't think it could be a revival triangle pattern because volume is lowering, because I don't think market has bottomed and because I would have expected a left side of the triangle to be created from bottom to top and here is the opposite.
My opinion is that this is going to dump, you can see my two levels where price could slow down inside the flag. As price has bottomed I used Fib extension to see what could be the next bottom: and it is around 1 USDT
If you wanna attempt a short it's likely the best two entries are gone:
you could try to enterer around 4.9 USDT if price gets back there.
Good luck
ApeCoin APE price has good potential for growthIn recent days, the APEUSDT price has started to grow quite well, but the trading volumes are far from those that were six months ago.
Now the ApeCoin price hit a fairly wide liquid zone and could not pass it the first time. Well, this is logical, because in the liquidity zone of $4.25-5.25 there will be many people willing to sell their APE.
Therefore, we believe that in the coming days the APEUSD price will slightly correct downwards to gain strength for a new breakout impulse upwards. The strength of the buyers will be confirmed if the correction is not much below $3.50
If we look at the APEUSDT price chart "globally", we can assume that an "Inverted Head and Shoulders" trend reversal pattern is probably forming now
The target of $6-6.50 for APE in the next 1-1.5 months is more than realistic.
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APE/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this APE/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Apecoin (APE) was another big mover in today’s session, extending recent gains to a fifth consecutive day.
Following a low of $4.50 to start the week, APE/USD raced to an intraday peak of $4.98 earlier in the day.
The move pushed apecoin to its highest level since November 5 and came following a breakout of a price ceiling at $4.60.
As a result of today’s surge, the RSI on the APE chart is now at its strongest point on record, with a reading of 79.09.
This means that prices are now deep in overbought territory, which could mean that bears are preparing for reentry.
Despite this potential reversal, bulls are seemingly still targeting a ceiling at $5.30, which hasn’t been hit since October 11.
This is not a piece of financial advice.
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