Apecoin
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 Ape what interesting Double Bear Divergence you Have?Ape Ape, what interesting Double Bear Divergence you Have?
While Ape is locked up for 1 year for OTHERSIDE
What say you Cobbie? Double the Fall?
What say you Advisors? Would it be 14, 12, or 10
Time to sell? Time to short? Cos many can't after staking
Let see...
DYOR, NAF
$APE COIN (BAYC) Potential Swing Long Update #APECOIN #BAYCCalled it, that's all I have to say... After the BAYC hack $APE pumped to new ATH, I'm not sure if there's any clear correlation to it but a cup and handle formation was forming and I thought it'd be a good time to enter a long.
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.
The first transaction based on fundamental analysis "ApeCoin"The first transaction based on fundamental analysis "ApeCoin"
Fundamental analysis Very excellent news about the currency and its strong projects
We enter the transaction on technical analysis. Enter from anywhere above the drawn trend line. Stop loss by penetrating the trend line with a full candle 4 hours, body and tails.
target open
Trading opportunity on APEUSDTBased on technical factors there is a short position in :
📊 APEUSDT ApeCoin
🔴 Short Now 16.7360
🧯 Stop loss 17.9200
🏹 Target 1 15.4000
🏹 Target 2 13.8500
🏹 Target 3 11.6000
💸Capital : 1%
We hope it is profitable for you ❤️
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APECOIN may continue to riseWe bring to your attention a modest trade, at a pair APEUSDT with a profit/loss ratio of more than 3 to 1
Balanced procurement area around $15
Stop below $13.69
Take profit in the area of $19.75-20.75
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APE is quite clear. Hold 14.5-15 & 18 is the target.Quite simple play on APE.
1. Heavy breakout on higher time frame.
2. Good volume spurt.
3. Daily range breakout
4. MSB Retest happening
5. 14.5-15 Demand zone being established
APE is literally very simple as of now. Textbook level breakout retest happening at the moment. Pivot point is at 14-14.5 zone in confluent with the daily demand. Hold this zone and we are aiming for 17.5-18 again.