APECOIN APE - Bullish on Yuga Labs EcosystemAPECOIN APEUSDT - Bullish on Yuga Labs Ecosystem
Currently no position - Looking at building spot
Watching reaction at the 618fib 4.02/bottom of current micro uptrend off the lows
Looking to long in this area on support volume/swapping into some spot
Will add on further breakdown
A short is possible on the rejection here at 4.322 with a reverse or close to long at the 618
Also watching this 4.322 area if we get a move back above and a hold of this level on retest could be a long setup.
These are the levels I am watching
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
Apecoin
APE USDT analysisAPEUSDT , This is a newbie
And its history reaches about 4 months
So you can't have a very strong analysis
But it seems that it does not have strong growth power at the moment
It should be seen which way the behavior of the whales is
If the price of bitcoin remains below $20,000 in this area, there is a possibility of a fall and the profit limit of this analysis
ApeCoin - Downtrend BrokenApe coins dominant downtrend has been broken. In a similar fashion to the prior point at 0.786 which led to a greater breakout upwards.
Right now price is at .236 and could either break out, or move downwards above the downtrend. Both of these scenarios are possible.
I hope for a break out.
Bear Market = Altcoin Season? BTC and ETH Losing Ground to AltsBoth stocks and crypto markets have been down in most of 2022 (largely due to inflation, rising interest rates, and talks of an upcoming global recession), but in the last month we've seen a few interesting patterns emerge:
- Proof-of-Storage coins, particularly Chia Coin (XCH) and STORJ (STORJ) have seen very favorable gains.
- The two major crypto coins, Bitcoin and Ethereum, has actually been performing worse than the majority of "altcoins" out there - a sign that crypto investors are reallocating their portfolios towards alts.
- Weekends are usually when crypto investors typically make their move - and we see that coins that offer staking rewards (interest rates start to look more favorable during recessionary periods) have been gaining ground. (XTZ +4.5%, ATOM +4.5%, MATIC +3%)
This is a PSA but beware of newly minted coins' "staking rewards" because a lot of them are based on the idea of certain assets (BTC, ETH, even fiat) always going up. When that inflow dries up, we're going to see a lot of services and platforms go through a LUNA-style collapse - if you don't DYOR carefully here, you may get caught up in the storm. Many coins that currently offer "staking rewards" have cut a lot of corners to keep up with last year's hype and is living on borrowed time.
cobie.substack.com
In theory, Layer-2 coins built on top of the EVM network operate independently of ETH's price, but we don't actually know all the details of what goes on behind the scenes - some of them may collapse just as well if their model has been reliant on speculative gains on ETH itself. (Something that the project teams will never admit to, even if true.) Time will tell whether it turns out this way or not, of if the Merge in August will stabilize or destabilize these economies as a whole. A lot of uncertainty in the big-name coins right now, either way - meanwhile, altcoins have been gradually chipping away at their lead.
$APE/USDT 4h (#BinanceFutures) Descending trendline breakoutApeCoin is pulling back to 50MA support and is forming a bullish flag on Low TF, looks ready for a rally!
Current Price= 4.251
Buy Entry= 4.231 - 3.917
Take Profit= 4.790 | 5.452 | 6.113
Stop Loss= 3.499
Risk/Reward= 1:1.25 | 1:2.4 | 1:3.55
Expected Profit= +17.57% | +33.82% | +50.05%
Possible Loss= -14.11%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 10 days
Tags: #APE #APEUSDT #Metaverse #NFT #Gaming #Web3 #Creation #DAO #Governance #DeFi
Website: apecoin.com
Contract:
#ERC20 0x4d224452801aced8b2f0aebe155379bb5d594381
APECOIN - Key Levels 🍌🦍Massive drop, again but we see some support here, for now.
Could be good for day trading but mind the market is bearish so some short positions are needed.
For us that is APECOIN amongst others.
a rebound is possible but 4,6 is resistance we wait to go short again.
One Love,
the FXPROFESSOR
APE COIN the last chance (bottom) and the range market 📖🚀Hello 🐋
Based on the chart, the price is close to the channel resistance and the major support (bottom) or better to say the zone that released from there ✔️
we
expect to see gain besides the range market is an acceptable scenario too 📖💡🚀
and
if the price breaks the range area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
📈APE: the highly possible scenario!APE is looking stonger than 99% of other alts. This NFT tocken grow by 74% since the dump. It`s a good result. Also we don`t see the volume growth, which can tell us that the big player are not going to sell and price don`t make deep pullback if BTC will not continue the huge fall.
But some local pullbacks for acumulation liquidity by big players is highly possible in current market conditions.
Now the price return to the big value area of $4.14-4.82 which is support. The big player can push the price lower to collect more liquidity.
The volume should grow! Why? Because the growing volume shows us the preesence of big buyer or seller, If we will see the growing volume at the bottom this shows us the pressence of big buyer and his willingness to push the price higher.
The next big support is value area of $3.32-3.73 but the price can reach this support only if BTC fall to 17-18k again.
After the squeeze to the trendline and breakout price can reach the new highs. The closest targets are the key level of $5.58 and $6-6.38 value area.
💻Friends, press the "like"👍 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.
APE USDT HELLO GUYS THIS MY IDEA ABOUT APE Usdt is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that the Seller from this area will be defend this SHORT position...
and when the price come back to this area, strong SELLER will be push Up the market again...
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this SHORT trade....
THANKS
TURTLE TRADER 🐢
APEUSDT 1D Where is it safe to buy Apecoin Now the cryptocurrency market is at a total crossroads: some want to go up as soon as possible to get out of the deposit drawdown, others down - to have an even better purchase price.
But we do not control the market, and "our wanted" are worthless, so we only trade the probabilities of price movements.
Therefore, we share with you our assumptions of where we will buy Apecoin, depending on the behavior of the crypto market in the future.
1) Wait until the price APEUSDT is fixed above $5.90-6.00 Consolidation above the liquidity zone, will allow you to enter the long with more confidence with the expected result of +55%
2) If the cryptocurrency market will make another correction, but without updating the minimum. Then a set of long positions APEUSD in the range of $3.50-3.75 will be justified
3) If the price of BTCUSDT will update the minimum, and possibly go to $14,500. It is very likely that in this situation, most altcoins will update their lows 2022. In this case, it will be justified to issue a purchase order for $1.70 in case of heavy spillage.
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We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
ApeCoin (APE) formed bullish Gartley for upto 656% massive rallyHi dear friends, hope you are well and welcome to the new trade setup of ApeCoin (APE).
On a weekly time frame, APE has formed a bullish Gartley:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ApeCoin Bullish Breakout (Up To 180% Potential Mapped)We have multiple signals coming out of this chart that support a bullish case.
Bullish = Green.
The first one is a volume breakout.
We have above-average volume today as prices break above EMA50.
The second one is a break above EMA50.
Trading below EMA50 = bearish trend.
Trading above EMA50 = bullish trend.
The third one is the RSI.
Strong.
We have two targets here.
One can be fast, short-term at 45% more or less.
The second one mid-term can be 180%...
More details on the chart.
Namaste.
$APE to fall from these levels? $3-10 before bouncingTo me, it looks like $APE just found resistance in the $17 region after forming a lower high on the 4HR chart.
Now I think this sets up the possibility for APE to fall much lower from these levels. I think from here, price will likely go back to test the bullish trendline and ultimately end up breaking it to find it's first key support in the $10 region.
However, from there I think price will likely break the $10 support and find it's real support in the $3-8 area.
Let's see how this plays out over the coming weeks.