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APE

APE USDT shortWe had a great run and APE is performing very well in this bear market, the staking news pushed the price from 2.8$ up to 4.5$ ! I do have some APE coins in spot locked in staking and i am confident in that long term , but meanwhile it s time to retrace for ape, let s give it a closer look: -1H demand zone hitted and rejected hardly (this means that is a good zone where the is a lot of selling pressure and orders) -Fibonacci retracement filled 0.5 i don t think we are going to fill 0.618 for now being the 0.5 level the same with the supply zone. Entry: 4.02 StopLoss: 4.088 TakeProfit: 3.831 (for now ... , might close a 75% position here and let it run the rest towards 3.55 maybe ... i will post updates in case) Risk reward 3 LEV 10X
Short
by Enrico_DiCensi
APE: Channel Down PatternApe Coin (APE) technical analysis: Trade setup : Trading in a Channel Down pattern, attempting to break out. Price failed to break out once already and returned to the Channel Down. Wait for a breakout, ideally above $4 resistance. (set a price alert). Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $3.00. The nearest Resistance Zone is $4.00, then $5.00, and $6.00.
Long
by altFINS
BBIG Vimco Ventures - A Classic Triangle PumpI came across this stock the other night when it was trending on Twitter and took a look at it for the first time ever. Apparently Vimco is a holding company that's touted for one of its assets being the "TikTok competitor" Lomotif. Personally, I think people who are bullish on app clones of big apps are delirious because the reason those big apps get rooted by the establishment are for reasons that have little to do with their technology and everything to do with what is behind them. In TikTok's case it's the Chinese Communist Party behind them, via parent company ByteDance, and the purpose of the app is to indoctrinate young people and have them waste a lot of time competing with influencers and trying to be an influencer . The thing about a grooming and indoctrination app is you can't have competition. You need just one that can cannibalize the entire market and hold everyone's attention. Regardless, I'm a big believer in price action. So long as Wall Street banks are holding an interest in a stock, I think that price action reflects the cumulative knowledge of all market participants. It's the real penny stock pump and dumps you have to be afraid of. Once they get rugged there's no liquidity and they _will_ go to zero. With BBIG, BlackRock, Vanguard, State Street, etc, all have significant holdings. Before we start, I'd just like to say that I actually saw this pattern the night before and posted it as it began its fake breakout, just not in a formal TradingView call. Anyways, this pattern is a pretty classic one that I learned from this dude in crypto in 2018 when Ethereum Classic made a similar play that yielded a lot of run, and fast. I didn't believe him, but the short end of the trade worked and then it pumped afterwards. The idea is you first get this parabolic super pump that doesn't last. Then, it consolidates for a long period of time with descending highs and flat lows. What's being exploited is that so many traders love these trendline astrology "technical analysis" ideas. So when they see something "break out" to the upside "against the trendline" they stop out of their shorts and get long. Then it immediately sells off back into the triangle, and then takes out the bottom, and heads lower and lower, taking out all those poorly timed longs that bought in the triangle, treating the flat bottom as support. Notable with BBIG is that there's a pre-pump gap in the 71c range and the all time low, which is also the pre-pump pivot low, is 67c. I suspect that 67c will hold under the thesis that the MMs are actually heavy on the buy, but if the pump is going to be big, they may also turtle soup the very bottom. Either way, you might think to yourself, "This isn't that realistic. This is 20%+ to the downside." And this logic is fine, but look at the range of the triangle breakout into the breakdown that just occurred. In a few days that was already 20%. Late in October, BBBY printed a 35% pump in a few days. A conservative target for the resulting pump, should it manifest as such, is in the $1.40 range. It may even take out the old pump high of $1.95. In short, you're looking at a 2-3 bagger, if all transpires according to plan. Price action like this leads me to believe that it's possible that the Biden Administration really does have a ban on TikTok waiting in the cards, ready to be imminently played as social media chatter has suggested. Additionally, I also believe that tech stocks in general are about to pump it and pump it hard, even though it'll just be another bear market rally. A lot of suckers are about to be brought in. Well, with a stock like this you don't want to buy and hold. You want to get in and get out. A lot of these companies really have no fundamental value. If you want things to buy and hold, put your money in grocery stores, fertilizer companies, oil and gas, etc. Things that genuinely make money from genuine business, instead of these jokers that pay some kids pennies to clone apps and then call it a $205MM valuation, which is what Vimco's market cap is at the moment. (That's tiny.) But, be careful and don't be greedy with your upside targets. The world isn't in good shape at the moment and things can change at any time. Significant geopolitical, natural, and cosmic events can unfold at any time.
B
by LordWrymouth
3
Billions of shares sold short, market manipulation, and CitadelOver the past few months, the AMC/APE craze has been underway, with plenty of retail investors spamming various social networks and prompting others to buy the company’s shares. As per the information in tweets, memes, and messages, this retail investors’ uprising aimed to bring down hedge funds, with the central target being Citadel. There were numerous instances during this time when people claimed the price of shares would burst into multiples if all investors stuck together and continued buying collectively, not allowing hedge funds to buy shares and close their short position (leading to their downfall). In fact, during this period, we encountered numerous statements about billions of shares being sold short. Meanwhile, only about 513 million shares were outstanding for AMC and 519 million for APE in the third quarter of 2022. At the same time, the short interest on AMC shares amounted to approximately 20%, with 101 million shares being sold short; and only 33.5 million shares of APE being sold short. These figures obviously deviate too far from what the retail narrative promotes. Furthermore, many people promoting this narrative and encouraging others to buy shares do not seem to realize what they are doing might be potentially criminal and classified as market manipulation. Furthermore, a lot of information concerning the whole craze is entirely wrong. Many people seem confused about “wrapped-AMC token” with over 8 000 000 000 000 000 in supply being related to the AMC company. However, anyone can create a token and name it “AMC token,” regardless of whether it is associated with the company. As for Citadel, we have failed to find any disclosure of their short position on AMC/APE during the respected period. In our series of tweets last month, we warned that the regulator has most likely learned a lesson from 2021 and would step in and halt trading if buying activity picked up significantly. Shortly after that, that is what occurred when the regulator poured cold water on the rally with a temporary halt to trading. Year to date, shares of AMC are down approximately 70%, which is far away from what was promised by those shouting “buy and hold.” Therefore, this whole situation should serve as a reminder of being cautious about what you see and listen to. Always do your due diligence. Illustration 1.01 In the 2021 meme stock hysteria, shares of AMC jumped up as high as 44.61$. Please feel free to express your ideas and thoughts in the comment section. Additionally, if you have more information on this topic, feel welcome to share it with us. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
NYSE:AMC
by Tradersweekly
33
🔥🚀APE WILL SKYROCKET AFTER THIS FALSE BREAKOUT🔥 Hi friends! APE is a very volatile altcoin that gives the best possibility for traders to make money even in a short-term period. I expect the local pump on crypto after some pullback. The best time to open a long trade on APE is a false breakout of the $3.25 key level. 📊 PRECONDITIONS TO OPEN A LONG ON APE: 🔥 false breakout of the key level of $3.25 🔥 volume growth 🔥 bullish BTC ✅ THE LONG TARGETS FOR APE: 1. $3.9-4.1 - value area 2. $4.6 - a key level 3. $5.2 - key level and local high 🚩 Traders, the market is very weak now, and if you will see the bearish BTC sentiment, I recommend you to book most of your profit and put sl in a breakeven. Also, I recommend you to open a short if you will see the sign of trend reverse. Altcoins fall really good at that stage of the market cycle and our shorts will be very profitable. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
1
APE long @ 3.650 10x leverageAPE has hit a major area of support as the TOTAL and BTC bottom out in momentum once again. This coin is far beneath the Keltner Channel and I believe with the past confluence of price action in this area we'll find support to retest back into the channel. We're far underneath our 200-day EMA and I believe we will retest it as resistance. We are seeing a massive floor forming in the TOTAL and APE 1-hour charts. We have no bearish Ichimoku cloud resistance in the local area. I may add onto this position as time goes on.
Long
by WatsonsView