APE
Cryptocurrency APE - when will it be safe to invest?The strong fall of the cryptocurrency market did not go unnoticed by APE. After such uncorrected impulse waves, investing in the crypto market becomes scary. How to choose the time and place to buy a low-risk APE?
The hourly timeframe clearly shows what happened to the cryptocurrency APE during the fall of the price of BTC on May 9
The first momentum of the fall began due to the operation of stop orders from buyers in the range of $11. However, an interesting fact is that after the start of the momentum, buyers began to actively slow down the fall of limit orders to buy. As a result, consolidation was formed on abnormally large volumes. This was the first step towards slowing down a powerful fall wave. After some time, the situation repeated itself (momentum down and slowing down the decline in consolidation on large volumes.
In order for a potential trade to become relevant, the APE price needs to rise to $11. If buyers are unable to reach the $11 range during the current local growth wave, the decline will continue and sellers will most likely be able to update the local low.
However, if buyers can test the $11 mark, we offer the following medium-term trade:
Entry - $10.5
stop - $7,679
TP-1 - $11
TP-2 - $14
P.S. Which cryptocurrency analysis are you interested in at the moment? Vote for the cryptocurrency that interests you next week and we will make a forecast on it. How to do it - see the idea!
Prediction for APEAPE is high volatile and loses 50% in just 5 days. But I think the reversal could be very soon because the volume continues decreasing (when prices decreases).
I'm using again Bullish Bat pattern to predict the reversal point. I depict also the trendline and support/resistance to guess the next moves of APE.
ape usdtUsually, such currencies are not analyzable due to the large amount of dedicated capital and are dependent on margins and other currencies.
But if we want to examine the current situation, we see a pattern of falling flags.
Confirmation of this pattern will be by forming an e wave.
My personal view is that the sales volume of this currency is increasing because the supply is increasing.
And psychologically, new buyers will start buying again at a price of 11 dollars.
Of course, this is a personal opinion and in the current situation, anything can be changed
APE/USDT hit our target!Hey Colleagues,
Today we reach one of our scenarios where price got to $10.7. From here we are now filling our bags with APE. Market i oversold so now we think it is good time to buy in. Our targets is $14-18 and stop is near $8.2
"Buy when everyone is scared and sell when everyone is buying"
Our expectations are that it will hold $13 (where is can fall to $12.5) zone after what it should bounce right up.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
APECOIN, FROM NORTH WITH A MASSIVE FALL TO SOUTHAPECOIN has ran out of the steroid that took it to the north by BULLS.
This asset rallied up from around $11 and it is now back to about $11.
Looking at the descending channel on my analysis, I feel APECOIN will drop to $11 once again and the circle will then complete.
QUESTIONS:
1. Will $11 be the support level to prevent this asset from falling further?
2. Will it reverse after hitting the support TL of the channel?
3. Is the fall over?
KINDLY:
Share your thought, comment and PLS KINDLY LIKE AND FOLLOW.
APE APE APE APEAPE Long
APE simple and basic Analysis,
Making Head and Shoulder
This is only for scalping or if youre very strong you can try holding it till it goes up
anyways demand and supply only indicators
bounce area at the demand
you know what happens when h and s is forming
thats it for my post.
Remember
Risk management
Use stop loss
never risk when youre not confident
dont go with the flow
Dont chase the market price
let the market chase your price
smile :P
-MercilessDolphin
APE SUPPORTING APPROVAL !Having some good news and trend consolidation, APE Coin has a great future for hiking its price. Yet, Bitcoin is still so weak to go what is expected from him. When we look at the chart, there are green two profit regtangle to take. Considering the yellow stop-loss line under collecting side, there are two potentional %90 and %119 profit on avarage from the setup. Good luck guys !
APE oversoldAs you see in my chart, Ape is at the bottom of my channel. This is an area I’m actively accumulating. MACD and rsi suggest Ape is in oversold territory. A break below this area would likely push ape to the $12.50 range, then a test of the $10 range. If it manages to build momentum the next high could be in the $40 range.
$APEUSDTApeCoin is for the Web3 Economy
Culture has found new expression in web3 through art, gaming, entertainment, and events. The possibilities for blockchain’s impact on culture are so endless that they can’t possibly all be predicted yet. APE is a token made to support what’s next, controlled and built on by the community. It will serve as a decentralized protocol layer for community-led initiatives that drive culture forward into the metaverse. Yuga Labs is a web3 company best known for the creation of the Bored Ape Yacht Club. It will be a community member in the ApeCoin DAO and will adopt APE as the primary token across new projects.
The Ape Foundation
The APE Foundation is the steward of ApeCoin. It is not an overseer, but the base layer on which ApeCoin holders in the ApeCoin DAO can build.
The Foundation facilitates decentralized and community-led governance and is designed to become more decentralized over time. It is tasked with administering the decisions of the ApeCoin DAO, and is responsible for day-to-day administration, bookkeeping, project management, and other tasks that ensure the DAO community’s ideas have the support they need to become a reality.
The goal of the APE Foundation is to steward the growth and development of the APE ecosystem in a fair and inclusive way. It utilizes the Ecosystem Fund, which is controlled by a multisig wallet, to pay its expenses as directed by the ApeCoin DAO and provides an infrastructure for ApeCoin holders to collaborate through open and permissionless governance processes.
The DAO
ApeCoin DAO exists because decentralized governance is critical to building and managing a globally dispersed community—and therefore critical to the success of the APE ecosystem.
The APE Improvement Proposal Process (see Governance) will allow ApeCoin DAO members to make decisions regarding Ecosystem Fund allocations, governance rules, projects, partnerships, and beyond. ApeCoin DAO membership is open to all ApeCoin holders.
The Board
A special council on the APE Foundation (the DAO’s “Board”) provides, at the behest of the ApeCoin DAO members, oversight of the Foundation administrators. The purpose of the Board is to administer DAO proposals and serve the vision of the community. It meets on proposals requiring administrative review under ApeCoin DAO rules. The initial Board serves a term of six months, after which DAO members will vote annually on Board members.
Alexis Ohanian
Co-founder of Reddit; General Partner & Founder of Seven Seven Six
Amy Wu
Head of Ventures & Gaming at FTX
Maaria Bajwa
Principal at Sound Ventures
Yat Siu
Co-founder & Chairman of Animoca Brands
Dean Steinbeck
President & General Counsel at Horizen Labs
ApeCoin Protocol
ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem to empower a decentralized community building at the forefront of web3.
As the open-source protocol layer of the ecosystem, ApeCoin serves several purposes:
Governance - ApeCoin is the ecosystem’s governance token, allowing ApeCoin holders to participate in ApeCoin DAO.
Unification of Spend - ApeCoin is the ecosystem’s utility token, giving all its participants a shared and open currency that can be used without centralized intermediaries.
Access - ApeCoin provides access to certain parts of the ecosystem that are otherwise unavailable, such as exclusive games, merch, events, and services.
Incentivization - ApeCoin is a tool for third-party developers to participate in the ecosystem by incorporating APE into services, games, and other projects.