UMA UMA token is getting very interesting. My previous analysis has my long term projections.
But in the near future, id say within a week, i expect UMA to have a significant breakout.
Correction seems to be complete, and UMA now looks to be exiting the accumulation phase and now
entering an uptrend. I expect UMA to pick up momentum in the coming days. If UMA has a significant
break well above 8$ i expect double digits and my longer term forecast to be more probable.
THIS IS NOT FINANCIAL ADVICE ONLY ANALYSIS
- CHEERS XOXO
OROBOROS
Apecoin
Long $APE ape coin BAYC continues it's meteoric rise (Madonna bought one in the last few days for .... allegedly ~ $570k ), Ape Coin weathered the initial dump upon release and looks like an easy bet back to the (initial) all-time-high; looks set to be an integral part of whatever the "metaverse" becomes.
I'm Long as follows:
Entry: 13.913
Liquidation: 12.277
Leverage: 6x
Margin(USDT): 1198.96
Take Profit @ 17.70
Aping back up (still a beginner)Hello all,
Please let me know if I am completely wrong (I am still at the beginning stages of learning.
All critics are welcome :).
To me it looks like, the ape was testing the Support level. And now it seems to start raising again.
As I mentioned, I am a beginner, please do not take this as any kind of advise:
Hope you all have a wonderful day!
APE Apecoin: 1H Chart ReviewHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Apecoin (APEUSD).
Apecoin is inside a descending channel. Keep an eye on the RSI.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
GREEN BOX MUST HOLDThere's a couple things on APE im seeing:
Since there isn't much price history for this we can really only analyze it on the smaller timeframes. And even then, not much price history so a lot of APE analysis you see, including mine, could likely be a shot in the dark.
1) We have set a lower local low. If we set a local lower high then the previous uptrend is now done.
2) We have flipped the up trending zone of support to resistance. Not a great sign.
3) We have broken the ema ribbon and ichimoku bearish.
4) The green box has to hold as support or else we will likely move to $9
5) I would be careful with this coin. It is extremely new and has already surpassed a lot of coins in terms of market cap.
In my opinion, the confidence in this green box isn't high.
This is not financial advise and always remember to do your own research before entering a trade.
🚀 APE Chart Analysis 🐒APE is currently in a consolidation phase after much of the hype has died down from the launch of the coin.
There are a lot of promises with this coin that will take some time to actually become a reality and so I think we can start to think to either take profits on longs/holding or even start shorting.
We are struggling with the $14 level and I have drown out 2 possible scenarios for APE.
We have a bullish and bearish scenario.
APECOIN (BAYC NFT) Potential Long Set UpThis NFT token/coin went from less than $7 to $17 in a mere several hours after its listing on major exchanges. $APE has retraced back down to the 0.236 level and may even retrace lower due to the volatility and usual price action of such coins. A cup and handle formation is forming or; past tensed; formed and cup and handle formations usually indicate price movement whether it be downward or upward, in this case, the latter.
WARNING!!! This trade setup is a very risky one and if anybody does decide to enter it please use 1% of your capital, 3% max. there aren't enough candles for me to properly analyze this coin but as for myself, I will be entering a long position once the price goes drops to the indicated prices under the long position tool.
Entry Targets: 12.27 - 14.50
TP: 15.18 - 16.08 - 16.54 - 17.14 - In the scenario, it keeps going up for "unknown reasons" keep it running as a free moon bag!
SL: 12.10
$APE BREAKOUT, NEXT TARGET?First of all, what is ApeCoin?
It 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.
$APE price is up +1000% since launch, now price has broken above $15 and we are waiting for a daily close above it to look for a potential +20% move.
Everyone Tried about Monkey however...its now on bear market for sure, however there is ,many holders in market with air drop.
those people already made so much profit as long as sold this token faster.
anyway, which will be make you regulate in couple days.
I will keep buying. bullish. BINANCE:APEUSDT
APE Thoughts This chart has a couple things going for it. Some support resistance flipping, some old school looking patterns on there and even some decent looking Elliott wave. Watching to see if this move up can, complete as an impulse or ZZ as well as break above the 14.50 mark and flip that area to support. But it looks like volume is drying up atm.
Teacup & Handle for $ApeCoinAn obvious Cup and handle chart pattern has formed on $Apecoin and we'll be potentially looking for a new ATH at around $17+ to $18+ if it breaks through the $14.5 resistance. feelig bullish for this but always remember to have risk management and stop loss ready if things didn't turn out as expected.