APE
APEUSDT Are You Rdy Down??Enough monkeys come down from the treeEnough monkeys come down from the tree
Little by little, we must be ready for the fall of this currency.
Despite the very strong divergence that is observed, I say that this upward trend must end.
On the other hand, we have completed the Elliott Wave 5 waves and are ready for the wave.
Most importantly, when I say I have to come down, I have to come. No one can stop me.
Enough monkeys come down from the tree.
APECOIN prediction, Wave 3 to 40$Hi everyone, #APECOIN #APE is currently printing a Rising wedge, decreasing vol, RSI diverging. The 123% is a top spot to end a Wave 1 and eat all the liquidity (at the limit to confirm a powerful wave 3). Now let's see market maker can reserve us a very nice surprise. I love this Coin !!
APE LONGI know I drew this chart horribly but that was not what I was focused on, I want to just explain that APE is a really good buy rn as it is in a stable uptrend and the land drop is coming in less than a week, I believe that once the land drop comes we will see zones of 25-30 in USDT. the land drop will be hype af and they will be using APE coins to do it so I suggest to get in and hold till Ape drop comes
APE 3 NEXT MOVES PREDICTION BASED ON ELLIOT WAVEIf there is one thing I love about APE it is the way it respond to Elliot Wave analysis.
Wave 1 ending at $17.298, wave 2 respected the Fibonacci retracement level of 0.786% at $9.505 then consolidated forming the a,b,c,d,e corrective Elliot wave 2.
After breakout we see the 1.00% Fibonacci Extension perfectly at $19.580. (now this is where the trap occurs most time this level are not perfectly respected they tend to poke out a bit) and that is why I have set a tight stop loss above $19.580 but I am confident based on how APE has been respecting these levels perfectly.
And yes this is what I love about APE!
Furthermore the next retracement downward (you can take a short position at set target at ($17.150 - .120). If APE continue to behave nicely as it has been doing then we will see upward movement from ($17.150 - .120).
APE ManipulationAPE seems to be a coin that whales use to manipulate the market.
A pattern I've noticed seems to be:
- Build buying momentum on APE, cause a breakout
- Breakout traders buy APE, pushing the price up
- The APE coins the whales accumulated during the dip get pushed up
- Once all the retail is pumping APE, the liquidity has been taken out of Bitcoin, which probably has a lower price due to APE liquidity going into Bitcoin
- While retail traders are buying APE, whales are accumulating Bitcoin, also causing the price to rise.
- In a euphoric moment of the bear market, everyone "APE's" in to both APE and Bitcoin.
- Once the whales finish their pump and either Bitcoin or APE has reached heavy resistance, they sell off, causing a crash both in APE and Bitcoin.
- This crash affects the whole market, since the market follows Bitcoin
So what happens?
Whales make more money
Retail traders get poorer APEing into an APEcoin and get dumped on
Whales are able to control the market much easier by sending signals for retail to APE in and give them their liquidity
Soon enough the hype will end. We don't know when, but at some point, it will.
Buying at this point is pretty risky and not recommended unless you are an experienced trader who is able to ride each wave.
APE has used up its energy and remains in an uptrendHello everyone, let's take a look at the APE to USDT chart on the 1D interval. As you can see, the price moves in an uptrend channel marked by blue lianims.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 14.31, if the support breaks, the next one is $ 11.77, another one at $ 9.68 and $ 7.72.
Now let's move from the resistance line, as you can see, the first resistance that APE is currently struggling with is $ 18.25, if it can be broken the next resistance will be $ 20.53 and $ 23.91.
Looking at the CHOP indicator, we can see that in the 1D interval most of the energy has been exhausted, while the MACD indicator shows a continuation of the upward trend