Apecoin
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.
APEUSD: Apecoin buying zoneGosh, that's an awfully brief description...
Gosh, that's an awfully brief description...
Gosh, that's an awfully brief description...
Gosh, that's an awfully brief description...
Gosh, that's an awfully brief description...
New ApeCoin Crypto Analysis on Consolidation and Price ActionApeCoin (APE), one of the newest cryptocurrencies to launch on the Ethereum blockchain, already ranks in the top 100 cryptos by market capitalization. However, since the APE token was only launched on March 17, we have limited historical price data to assess the market sentiment.
However, even a smaller historical price data sample can tell a story of what’s happening behind the curtain.
Price Consolidation
After reaching an all-time high of $28.00 on the day it was launched, APE's price pulled back and is now consolidating between the $16.50 - $9.50 range zone. Short-term, within this price consolidation, we can see some upside pressure.
Up from the $9.50 support level, APE's price is trading within an ascending channel, with the price making a series of higher highs followed by a series of higher lows. Additionally, the RSI oscillator broke above the 50 mid-level to signal a strong bullish momentum behind the move.
On the daily chart, we also have the potential of developing the 3 white soldiers pattern, which calls for a continuation to the upside.
Looking forward: While the $10.00 psychological level holds the ground, the bulls have the upper hand. At the same time, a clear breakout above $16.50 can open up the door for a test of the next resistance, namely $20.00 followed by the all-time high of $28.00.
APE COIN correction before more gain Based on the chart, the price become close to trend line and the support area
if
the price do not break the trend line to the downside, we can see more gain from here 🚀
but
if the price breaks the trend line to the downside, we can expect more gain from our lower support levels and the round number ($10) support's 🚀🚀
this coin has wonderful potential and fundamental sign for gain 📖
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
APE Apecoin: Inside The TriangleHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Apecoin (APEUSD).
Apecoin is inside the triangle. Keep an eye on the RSI. It is in a descending wedge pattern with a possible breakout soon. For now, consider trading inside the triangle.
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
RELEVANT POINTS TO TAKE POSITIONS ON THE APE/USDT IN 1H🇺🇸 My most critical view on the price of the crypto asset, with this analysis using VPVR and basically Elliott 5-5 projections/impulses (possible 3 now in A-B-C)
Price has been walking upwards, showing its strong price recovery. There is a very strong point in the PLOC plotted on the chart at which the price has already surpassed and I believe it will maintain its steady rise (right after a correction move? If we are going to follow Elliott's ABC we can see that)
🔍 Key points:
- Yuga Labs has just raised $450m in funding at a $4bn valuation on the heels of its dramatic ApeCoin drop. The brand says it’s going to use the cash to build a media empire around non-fungibles, starting with its own metaverse and gaming projects.
- The BAYC just airdropped its new ApeCoin token to its NFT holders, which will be used as the “primary token for all new products and services” from the DAO and its parent company Yuga Labs – NFT holders got the tokens for free and could either choose to hold onto their tokens or sell them for a profit.
- All that selling led to a volatile day for ApeCoin, which hit highs of over $18 and then lows of under $8, all within a few hours. Demand was through the roof for the token, which Yuga Labs already has big plans for, and some people made thousands of dollars selling on their free drops.
- Scammers were out in full force, as seems to always be the case with a buzzy crypto launch. There were multiple ApeCoins that launched on the BNB Chain and a phishing account was set up to try to reel in incautious investors – it got so bad that Yuga Labs had to issue an official warning against potential scams. Crypto sure keeps us on our toes, right?
🇧🇷 Minha visão mais crítica sobre o preço do criptoativo, com essa análise usando VPVR e basicamente Elliott 5-5 projeções/impulsos (possíveis 3 agora em A-B-C)
O preço vem subindo, mostrando sua forte recuperação de preços. Há um ponto muito forte no PLOC plotado no gráfico em que o preço já superou e acredito que manterá sua alta constante (logo após um movimento de correção? Se formos seguir o ABC de Elliott, podemos ver isso)
🔍 Pontos principais:
- A Yuga Labs acaba de levantar US$ 450 milhões em financiamento com uma avaliação de US$ 4 bilhões logo após sua dramática queda na ApeCoin. A marca diz que vai usar o dinheiro para construir um império de mídia em torno de não fungíveis, começando com seu próprio metaverso e projetos de jogos.
- O BAYC acabou de lançar seu novo token ApeCoin para seus detentores de NFT, que será usado como o "token primário para todos os novos produtos e serviços" do DAO e de sua controladora Yuga Labs - os detentores de NFT obtiveram os tokens gratuitamente e poderiam optar por manter seus tokens ou vendê-los com lucro.
- Toda essa venda levou a um dia volátil para a ApeCoin, que atingiu máximas de mais de US$ 18 e, em seguida, mínimas de menos de US$ 8, tudo em poucas horas. A demanda estava alta para o token, para o qual a Yuga Labs já tem grandes planos, e algumas pessoas ganharam milhares de dólares vendendo em seus drops gratuitos.
- Os golpistas estavam com força total, como parece ser sempre o caso de um lançamento de criptomoedas. Havia vários ApeCoins lançados na BNB Chain e uma conta de phishing foi criada para tentar atrair investidores descuidados – ficou tão ruim que o Yuga Labs teve que emitir um aviso oficial contra possíveis golpes. As criptomoedas com certeza nos mantêm alertas, certo?
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Analysis for APE coin (Bored Ape NFTS)Right now ape coin has been channeling upwards through the Fibonacci channel between the 0 - 1 Fib channel levels, those in long positions do be careful that once it breaks below the 1, do expect the coin to come back down between 11.206 (0.618 Fibonacci retracement level) and 12.347 (0.382 Fibonacci retracement level). I will keep an eye on this coin for an I am currently also holding this coin as I bought it early before major exchanges listed it at around $7.5. As of now as long this coin remains in the Fibonacci channel and is currently in an uptrend I will remain bullish until further confirmation.
$APE/USDT 1h (#BinanceFutures) Rising wedge breakdownApeCoin looks ready for a local retracement down here after being rejected on supply zone.
Current Price= 13.442
Sell Entry= 13.757 - 14.359
Take Profit= 12.406 | 11.300 | 10.195
Stop Loss= 15.440
Risk/Reward= 1:1.2 | 1:2 | 1:2.8
Expected Profit= +23.50% | +39.24% | +54.96%
Possible Loss= -19.66%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 5 days
Tags: #APE #APEUSDT #NFT #Metaverse #Gaming #Creation #Web3 #DAO #Governance #DeFi
Website: apecoin.com
Contract:
#ERC20 0x4d224452801aced8b2f0aebe155379bb5d594381
APE, a top gain of the week (1314% increase); buy or sell?The ApeCoin has been delivering the higher-lows since the day of listing in terms of the daily price chart.
APE token price action is drawing a rising wedge formation on the hourly price chart after seeing a double bottom formation.
APE investors are looking aggressively above the green signal line of the SuperTrend indicator on the hourly price chart. Besides, the Stoch RSI is approaching the overbought zone and taking support at the upward trendline (White).
The APE token is trading above the 10-day moving average on the hourly price chart. And the price action on the asset is forming a rising wedge formation (white).
ApeCoin can be a great return coin for new cryptocurrency investors. Due to the paucity of technical chart data, further price prediction becomes a bit difficult. But the token is in bullish territory and could rise sharply above the all-time peak of $18, depending on the interest of crypto buyers.
Support level- $10
Resistance level- $18
APE/USD - Don't APE into APE just yet! 🤣APE had a fantastic launch and there is a lot of speculation about this coin from Bored Ape Yacht Club.
Price appears to have formed a nice ascending triangle after this most recent correction. Price is just below the key resistance, so best to wait before considering an entry.
You want to buy at support!
The safest trade here is to wait for a clear break from this triangle and buy the retest. Or sell if APE breaks lower.
On 1h timeframe we're a bit overbought, so be patient.
This coin is pure speculation right now, but volume is very good, as is volatility. A trader sweet dream.
Bias is a bit neutral on this price action. Let's see how it develops.
Let me know if you want me to chart this again later.
Like and follow if you liked my idea!
🍌🦍 'APES Together Strong' OR ''Monkey Business''? 🙈🙊🙉In a planet threatened by Ape politicians and Nuclear War, the Planet of the Apes is a good film to watch again these days:
Apes Together Strong? or simply Monkey Business ?
Apecoin is Killing it! The new Hype is here.
Would we Buy? Would we go short? Or would we just stay away? Every answer is legit, pick the one you like.
Food for thought:
🍌Crypto is partially Hype, unlike the Apes we are never Bored around here.
🍌Better deal with potential 'monkey business' than monkey leaders with nuclear warheads
🍌Hype will make many people poor and some people rich. Try to be in the 2nd category 🙈🙊🙉
🍌 Bananas are a healthy source of fiber, potassium, vitamin B6, vitamin C, and various antioxidants and phytonutrients
🍌 Apes Together Strong. Fact
One Love,
the FXPROFESSOR 🍌🦍