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APE

#APE/USDT 1D (ByBit) Small falling wedge near breakoutApeCoin just printed a morning star, reversal towards 100EMA seems around the corner, at least short-term. ⚡️⚡️ #APE/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (2.6X) Amount: 5.1% Current Price: 1.888 Entry Targets: 1) 1.885 Take-Profit Targets: 1) 2.458 Stop Targets: 1) 1.598 Published By: @Zblaba NYSE:APE #APEUSDT #ApeCoin #NFT Risk/Reward= 1:2 Expected Profit= +79% Possible Loss= -39.6% Estimated Gaintime= 4-6 weeks apecoin.com
Long
by TradingOn
APE/USDT Technical Rally: From $1.70 Support to $10 Target!APE/USDT Technical Analysis: Potential Upside Amidst Support and Oversold Conditions NYSE:APE is currently valued at $1.84 and is showing signs of being oversold on the charts, indicating a potential for a significant upward movement from its current level. Key Observations: Oversold Territory: The current chart analysis reveals that NYSE:APE is trading in an oversold area, which often suggests that a price reversal or strong bounce might be in the offing. Solid Support at $1.70: The coin has found substantial support at the $1.70 mark. This support level could act as a buffer against sharp declines, potentially contributing to price stabilization. Long-Term Accumulation Potential: While minor corrections could occur, the overall sentiment suggests that accumulating NYSE:APE for the long term could be a prudent strategy, given the current technical outlook. Proposed Entry Points: Entry 1: Consider initiating a position between the price range of $1.80 and $1.60. This zone provides an opportunity to enter the market before potential price gains. Entry 2: For more risk-tolerant investors, an entry range of $1.20 to $1.00 could be explored. This range might yield greater rewards but comes with increased risk. Price Targets: Target 1: If the coin manages to breach the $4.50 resistance level, a price target of $4.50 is feasible. A successful breakthrough could trigger a significant upward movement. Target 2: In the event that NYSE:APE surpasses the $4.50 level, the next targets to watch for are $10 and $15. A sustained move above $4.50 might generate momentum to push the price further upwards. Conclusion: Considering the current technical indicators and support levels, NYSE:APE appears to have the potential for substantial price movement. The oversold conditions and the presence of a strong support level at $1.70 add credence to the possibility of an upward trend. Investors may consider accumulating at the suggested entry points, with an eye on the resistance level at $4.50. If this level is breached, the coin could experience a significant rally towards the $10 to $15 range.
Long
by CryptoPatel
5
APE Analysis: Seizing Bullish Momentum!Macro PVVM (Long-Term): The range for Macro PVVM in the last seven days is from -83.65 (minimum) to -21.71 (maximum), suggesting a shift from a strong bearish trend towards a less bearish or possibly bullish trend. Micro PVVM (Short-Term): The mean Micro PVVM value is 32.33, indicating a bullish movement in the short term. The range for Micro PVVM in the last seven days is from -3.19 (minimum) to 48.83 (maximum), suggesting a strong bullish movement in recent days. Key Takeaways: • Despite the overall bearish trend indicated by the Macro PVVM, recent data shows a possible shift towards a less bearish or potentially bullish trend . • The Micro PVVM indicates a bullish movement in the short term, especially in the recent week. This could be an opportunity for short-term traders. • The asset seems to be showing signs of strength, making it an ideal scenario for a long entry according to the PVVM rules. Trade Idea: Considering the recent bullish movement and a potential shift in the long-term trend, a possible strategy could be to enter a long position on the asset. However, traders should keep a close eye on the Macro PVVM to ensure that the shift towards a less bearish trend continues. If the Macro PVVM starts to decrease again, it may be a signal to exit the long position and possibly consider shorting the asset. Price Prediction for the Next 7 Days: Based on recent momentum, we could expect a potential continuation of the bullish short-term movement to hit $2.53.
CRYPTO:APEUSDLong
by WiseStrat
IWM Russel 2000 - No Love For Small CapsI hadn't really looked at IWM until a follower asked me about it on Twitter, and after thinking about it for a few hours and comparing it against SPY and QQQ, I realized that it's not that IWM is lagging, it's that it's not going to follow the recent mania. Some wisdom I heard recently is that breadth is important in markets because it indicates a large amount of liquidity has entered or left, indicating the emergence of new bull and bear markets. Unfortunately, with the exception of Friday alone, breadth has been terrible in this debt ceiling crisis pump, which means even though Nasdaq is flirting with 15,000 and SPX with 4,300, it's a bullish impulse within bearish macro conditions. There's a lot of trouble on the horizon with the 2024 Presidential Election close enough that the game has to played and the trouble brewing in mainland China with the Communist Party being about to fall and the globalist bloc struggling to either cuckold or depose Xi Jinping. What a bullish impulse in a bearish macro framework means for small caps is that although Microsoft, Nvidia, Google, Tesla, Amazon, Apple might pump, liquidity is not going to be going "risk on" on small caps and zombie corporations. Instead, prices will be driven lower because as they sell the cycle highs in the blue chips, they'll be bidding a portion of their profits with lowball asks on small caps for the purposes of pumping them, and then dumping them, on retail's head after interest in the big names has become exhausted. Those very large lowball asks will lead the algorithms to drive price towards them because the algo is designed to generate volume. But on small caps, unless the company has significantly exceptional fundamentals, your expectations on how high it can go and how long it can go for during a reversal will have to be quite reserved. In other words, if you missed the July '20 to October '22 pump on IWM then you missed the train and it's never coming back. It is what it is. Just accept it. You can make a lot of money trading puts on this thing on the way down. It just means that if it really does bounce around $125, your expectation for where it can bounce to shouldn't be a new ATH, but probably back to $170. Again, you can make a lot of money trading calls from $125 to $170. But if you want to bUy tEh bOtToM fOr thE mOaSS and think you're going to get a 50 bagger instead of a "tiny little" 5 bagger, you're going to blow your account. And if that's who you are, it's probably better you blow your account and go back to working a real job and learn the value of money again. So here's the trade. This recent breakout looks like it's just a consolidation squeeze. It's going down. But it might screw around for a while and could be as annoying as trading over $200 again. It's really hard to say. Areas you'd really like to short and/or buy puts are called $188 or $190. You'll need 4-6 months or so to get to the $127 level. But either way, the R/R on a $188 short with a $212 stop and a $130 target is almost 7 to 1. Go do sports betting for a while and enlighten to how hard it is to hit a +700 if you don't think that's a worthwhile trade. You need to quit wanting to get rich quick. Getting rich isn't important and it isn't even valuable. What you need is to wake up to what's important in life and what you're really here to do. And that question is answered in mankind's traditions and that 5,000 year old culture sitting in Mainland China after the CCP is utterly annihilated.
AMEX:IWMShort
by LordWrymouth
4