APE inefficiency APE looking bearish on short term trend on 1hr TF as we can see hit daily resistance and start pushing down from there..... The is two unmitigated bearish OB above but e won't consider taking short from the nearby OB above as there is inefficiency created above it and I'm expecting the liquidity grab towards the strong bearish above the inefficiency............
Good to place short order there and wait for entry to be fill
Always use proper management risk
Follow for more market update and trade setup
APE
APE ANALYSIS (4H)APE's uptrend looks weak, but the price may rise. From where I put STRAT on the chart, it looks like an ascending wave has started which is ABC.
We seem to be in wave B now. Wave C can move up to two red lines.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
APE/USDT 1D. Idea. Huge pump soon. Explanation of the chart.Hi everyone. Been out for a while, there's a reason for that. Market consolidating, no need to update much.
Now we're on the verge of the beginning of the somewhat altseason. So now is the time to update.
Let's make a small remark, Others.d chart(capitalization of top 150 altrcoins) has pumped 20% today, huge sign for altseason.
Now let's dive into this coin APE. There's a big Pump group in this token hence a movement is expected.
There's 3 types of trend as for the DOW theory.
Main trend, Secondary trend, local One.
Let's analyze this chart with this trend theory.
The main trend(here's not the all history of the coin) - Downtrend, shown as red on the chart.
Secondary trend - downtrend channel.
Local trend - falling wedge, where the resistance confluences with the main downtrend.
Right now we're staying near under the support of the downtrend channel - here's also the support of the broken down local falling wedge. It's called a confluence of 2 zones - better seen on chart, where 2 levels become as one point.
We've broken down the downtrend channel(it's called a deviation). Consolidated there for 66 days. It's a good sign for the future pump, because paperhands are thrown out of market(no understanding of market cycles -> leaving the market).
As soon as we break this confluence zone up and got back into the channel - a potential to the resistance of the channel is opened.
It's about 133% which is shown also on the chart. After we got into the channel - only main downtrend line which is also the resistance on the wedge will hold us. When we break this one - free road to the resistance of the channel is opened. This is about 4.8$ zone.
Now notice that we've reached the 1.6$ zone, which is often the bottom zone for the crypto assets. The easiest example is Bitcoin at 16666$ zone and then the reversal, but u can find tons of such example if u look into it(one that comes right now to my mind is UMA - pump from 1.6$ zone, another one is T coin(T/USDT) - accumulation in 1.6$ zone in the beginning of 2023 then pump 400% something like that). I write a lot about it in my ru Channel, but now i share it here also.
This is not the typical stuff u will hear from traders, and u may think it's foolish when u first look at it, but it works and u may check this out for ur self. Maybe later i will share why it works. But the main thing it works.
Also notice that 16x3 is 48 whish is the target for this coin. 48 has it's numerological meaning. This how the magic of numbers works. Don't think about it, just feel it and use it for better understanding.
Capitalization of the coin is 777m$ as for the august 14th. x2.5 pump is about 2b$ which is not that much, so can be realized.
On the daily chart we also have the bullish divergence(triple(3)) on the RSI, this may be used as the addition to the all aforementioned.
Consider the price moves with the market, so don't expect it to pump alone tomorrow for 130%. It takes some time.
$apeape is bullish
100% profit
LQ+OB
What Is ApeCoin?
ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize a decentralized community building at the forefront of web3.
ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO, and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation administers proposals agreed upon by ApeCoin holders.
Ape Up date?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
APE update.
This has not recovered like some other #Altcoins.
So it's a laggard or a turd...
Not here to judge, but has some dece Elliottwave in there, so keeping an out for clarity.
PA, 1.50 or 1.27 break triggers action.
🔥TKO Is At The Buy Point: +100% is The Closest TargetTokocrypto is below huge accumulation channel. The return inside it will be a HUGE buy signal.
The closest solid target is at the top of the channel (+100%). If the channe will be broken above, the test of it as the support will be additional buy signal with the target at $1-1.2. It's +350-400%.
💥next gainer of the week?
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Check the links and get a BONUS🎁 from me👇
🔥dYdX is $300M Cap Altcoin That Can Turn to $1B In a 1 MonthdYdX is a DEX (decentralized exchange) which related to Binance. It doesn't grow to much such as Solana, Link and other "old" altcoins, so it means that dYdX has a great potential to grow.
Its cap ($300M) is to low for such type of project and bull market will show it!
The middle and bottom of the channel is a areas where you should consider long or spot purcahses. Also squeeze and trendline breakout will confirm the power of bulls.
The closest targets is a top of the channel, $4 and $7 key levels.
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APEUSDT bullish momentum? 👀 🚀 APE Today Analysis💎 Paradisers, turn your attention to APEUSDT! We've observed it firmly holding onto a pivotal support, hinting at a potential bullish surge ahead.
💎 Despite the recent dip influenced by market uncertainties, APEUSDT appears to be regaining its bullish momentum. Having already touched its all-time low, there's a strong sentiment suggesting a possible upward trajectory.
💎 The VRVP's pronounced volume further underscores this bullish outlook, indicating a robust potential for an upward shift. Additionally, its current position within a demand zone amplifies this perspective. However, should it breach the support level, brace for a potential decline.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
🔥XRP: This Is Not A Fake Pump, Just A Preparation To 🚀Ripple made a strong pullback by -55% after the liquidity collection.
The price falls to the launch pad 🚀 and continue to consolidate inside the massive triangle.
💥why does no one think about this pullback as an opportunity? think about it.
The closest huge resistances at $0.93 and $1.93. They can be considered local targets.
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APE, time to...ape in? Elliott wave countsIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Maybe...
Looking for a retrace to an ideal location 1st, current move up doesnt look the most motive to me, atm.
Cheers.
APE/USDT Success Reclaim the Key area. Ready to Upward Move?💎 APE has undoubtedly garnered our attention, having successfully regained its footing in a previous support zone. Currently, APE faces a challenge at the supply barrier, a critical juncture it needs to overcome to pursue further ascents and potentially shatter the constraints of the descending channel.
💎 Failure to do so could see APE rebuffed at this hurdle, retreating to reassess its stance at the $1.085 support mark, gathering strength for another attempt to breach the supply blockade and the overarching pattern.
💎 However, a less favorable turn of events could unfold during its reassessment phase. Should APE falter, failing to maintain its position within the support zone, and particularly if it breaks below and seals its descent with a closure beneath this threshold, it could set the stage for a continued decline toward a significant support frontier.
One-trick Pony Club pumped and dumped`If you wonder how much all the monkey pictures are REALLY worth, you should check YouTube video:
"Right Clicking All The NFTs"
by Coffeezilla
with 1,399,517 views
uploaded on 21 Dec 2021
The story of sh1tcoins (Bored Ape Yacht Club and all the rest):
Once upon a time, a rich man from the city arrived in a village. He announced to the villagers that he would buy Monkeys for 100 each.
The villagers were very happy, after all there were hundreds of Monkeys in a nearby forest. They caught the Monkeys and got them to the rich man. He bought hundreds of Monkeys and paid 100 for every Monkey the villagers gave him. They began to make a living out of getting Monkeys from the forest and selling it to the rich man.
Soon, the forest began to run out of monkeys that were easy to catch.
Sensing this, the rich man offers 200 for every monkey. The villagers were ecstatic. They went back to the forest, set up traps and caught the monkeys and got them to the rich man.
A few days later, the rich man announced he would pay 300 per monkey. The villagers began climbing trees and risking their lives to catch monkeys and get them to the rich man – who bought them all.
There were no Monkeys left in the forest!
One day, the rich man announced he would like to buy more monkeys – this time for 800 each.
The villagers couldn’t believe this. They were desperately trying to get more monkeys..
Meanwhile, the rich man said he had to go back to the city on some business work and until he returns his manager would deal on his behalf.
Once he left, the villagers were unhappy. They were making quick and easy money from selling monkeys, but the forest no longer had monkeys.
This is when the manager of the rich man stepped in. He made an offer the villagers could not refuse. Pointing out to all the monkeys that the rich man had caged. He told the villagers he would sell the monkeys for 400 each.
“Sell them back to the rich man at 800 each when he comes back” the manager said.
The villagers were over the moon. Buy for 400 and sell for 800 in few days. They had just found the easiest way to double their money. The villagers collected all their savings and even borrowed money. There were long queues and within a few hours, almost all the monkeys were sold out.
Unfortunately, their happiness did not last long, as the manager went missing the next day and the rich man never came back.
Many villagers kept the monkeys with them, hoping the rich man would come back. But soon, they lost hope and had to let the monkeys back into the forest as feeding and taking care of the noisy monkeys became extremely difficult.
ETH Looks weak.Let see if ETH can meander slowly back up into that daily Fair Value GAP, and in to the previous weekly low.
From there i will look for a short trigger,
If it breaks down from here and hangs below that 1550 level I will be looking for a short trigger also.
Looks weak.
target 1460
target 1360
ape preparing for move towards 4$seems like bottomed out has already conformed and getting ready for massive bullish rally
formed text book descending channel and testing trendline expecting massive breakout soon and incase of successful breakout expecting solid recovery in midterm
incase of successful breakout expecting move towards 4$
🔥 APE Falling Wedge & Oversold: Massive PotentialAPE has been one of the weakest big tokens of this year, falling over 60% from the January 1st value.
However, there's some light at the end of this dark tunnel. A falling wedge pattern has emerged on the weekly chart, as well as the fact that the weekly RSI has hit oversold levels for the first time in the (Binance) history of this token.
This trade is risky, because the break out has not yet been confirmed. However, I think it's worth the risk because this token has been losing all year and is due to a bounce. A more defensive strategy would be to wait for a break out of the falling wedge.
APE/USDT Had an Explosive Bullish Run | What's Next?💎Yello, Paradisers! shift your focus to APEUSDT! It's currently positioned within a strategic trading zone, hinting at a potential adjustment due to the looming supply zone above.
💎In the past few days, APE has been charting its path within this trading channel. Indicators suggest a high probability of an impending correction. Importantly, APE has consistently maintained a significant resistance level at $1.306, facing rejections on two distinct instances.
💎Yet, there's an additional supply zone ahead with an untouched OB. If APE sustains its current bullish drive, it could approach the above supply zone and then go for a correction.
💎Hone your trading strategies for Apecoin with ParadiseFamilyVIP. Delve deeper into our expert perspectives on APE and other potential coins, enhancing your crypto journey.
APECOIN - market maker make sideways on-chain analytics shows that whales are buying the coin.
big sideways on wycoff.
the price has started to rise. And it's breaking through the trend. highlight with red lines.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.