Apecoin
APE Coin - Caution Here! H&S Spotted on the 4hr.Traders,
In my last post I was extremely bullish on APE coin. I had a target of $20+ and we reached and exceeded that target easily. If I was in that trade, I would have sold ALL and taken my profits at that point.
I continue to receive requests for my analysis on this coin. Unfortunately, you all are prolly not gonna like what I have found here.
Let's jump into the charts!
- Stewdam.us
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.
I don't like APE's, short opportunity after finishing wave 5APE is most likely going 200+, it sounds stupid i know. I'll show you in a later post why.
But for now here's a short setup coming.
Ps. don't have to short there, ill just be monitoring the breakout and shorting the first rejection near those levels on the 15.
APECOIN - Massive POTENTIAL In A Volatile MARKET!Hello Cryptocurrency Community,
Welcome to this pivotal analysis about APECOIN / APEUSD on the daily timeframe perspective. The Cryptocurrency Market is going up and down with many altcoins being volatile in their ranges. In such market developments, it is necessary to pick those setups that have potential to move forward and look to the underlying factor. APECOIN /APEUSD was also a coin we executed great profits in the Elite VIP Channels in these recent volatilities. Now as APECOIN pulled back it is still having potential given on a broader scale. Therefore when looking at my chart we can watch there that after these massive volatility spikes APECOIN now moved on to dip and test the lower boundary of the paramount symmetrical triangle again where it has solid supports within. Once APECOIN manages to appropriately bounce in this section and continue to complete the whole formation this will offer the setup for further expansions and the wave C of the huge wave-count will emerge as it is marked in my chart. Furthermore, APECOIN has a Stochastic RSI signal as marked in my chart and once the whole symmetrical-triangle-formation together with the broadening wedge, which is the second additional simultaneous formation forming have been completed the first target will be within the 36 USD level, once this level has been reached and APECOIN can hold its pace the full technical target will be the 60 USD target. It will be an interesting movement ahead and remember that not every coin is building such formations, therefore it is crucial to look at the gainers within the market which is the philosophy of our Elite VIPs.
In this manner, thank you for watching the analysis, all the best!
"Good fortunes come when opportunities meet preparations."
Information provided is only educational and should not be used to take action in the markets.
USD/CAD TA Resuls : +125 Pips ✅ALL TARGETS REACHED ✅ Results so far is +125 Pips ✅
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 05.05.2022
⚠️(DYOR)
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APE COIN - Was a Perfect Call 🍌🦍 (Repeat?)We called the levels nicely on APECOIN and this could be time to repeat:
Price on Support of 14,95 and we could be tempted for a new Long position today.
ps. Keep in mind there is a rate hike today.. be careful and do some research..always Long a good chart on support but remember to hedge and go short on something at the same time.
See you later..tonight could be Epic.
One Love,
the FXPROFESSOR
🔥APE: is the NEW ATH soon?💫Ape Coin is gaining popularity, as is the entire NFT industry. More implementations, more development and research. Today I will show you the scenarios that seem most relevant to me.
Let's mark two value zones on the chart:
🔶$13.7-14.4 - support for the price, from where the upward movement began.
🔶$17.6-18.35. This value zone should become support for the price. Of course, it is possible to expect a local correction to the $15-16 zone as well, but in the current situation, traders may not let the price go lower.
📊The price broke through the local downward wedge and rose 35% out of 59%. Technically, this pattern worked well and on the test of the $13.7-14.4 value zone and the trend line, it was possible to open long positions. Also, the volumes showed us the break of the trend and the presence of a buyer🐳
The next opportunity for a long trade might be a breakup of the ascending wedge or the return of the price to the second value zone at $17.6-18.35. As I wait for manipulation in the market, it is better to wait for a local correction and a test of the value zone than just make the trades.
🎯Targets:
1. $23 as the target for wedge pattern
2. $28 - key level, ATH
🔥The ascending wedge is a bearish pattern, but in the current conditions, when the price consolidated in the range of $10-15 for a month and a half, I suppose that the whales have accumulated positions and will want to realize their profit. The trigger for growth could be the local manipulation I was talking about. The growth of volumes will show us the big player's🐳 intentions.
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: MEME LORD tweets again! BUY or SELL?🔶ApeCoin(APE). If you are beginner at the crypto market and this is the first time you see a situation where Elon Musk or some popular person is pamping altcoins, that's fine. They do it often, but how do you make money on it?
📊How is the crypto market different from other financial markets? The crypto market is an unregulated, liberalized market. Manipulation and insider trading are allowed here. Of course, the richest man on the planet takes advantage of that. Just think about Doge, who is up by 200x in 2021. By the way, I talked about Doge, Musk and Twitter in this idea.
😮What should I do in these situations? Should I buy or try to open a short? Friends, I recommend using trading strategies and not playing casinos, especially with all of your money. As we can see, the token pumped for 20% and after Musk's tweet: "...seems kinda fungible" fell by 12%. Volumes are already up by 33% over the daily average. Someone had a good sellout. It is almost impossible to predict whether the price will fall or rise.
🎯About ApeCoin I did the idea a few days ago, the price reached 1 target +12% and almost reached second target close to ATH +37%. Who took advantage of the scenario, he earned.
🔥If it were possible to make money on manipulations, most would be rich by now. What do you think? Is it possible to make money on manipulation or is it a trick? Let`s share your ideas with us!
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.