$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
Apecoin
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 🍌🦍
ApeCoin Next Support Mapped!ApeCoin has been selling off since its most recent pump. It has broken all supports and is now looking to move towards its final support zone which is shown on the chart above. After reaching that support zone I've mapped out how I think it will react over the next few weeks. This is purely a guess but with the community it has, this is very possible.
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only
APECOIN: Will Ape out!Gosh, that's a pretty brief description! Gosh, that's a pretty brief description! Gosh, that's a pretty brief description! Gosh, that's a pretty brief description!
BTC , Descending triangle 🔜❌Descending triangle
🔖
A new downturn seems to be on the way
In the last few days, Bitcoin, despite the signs of decline, was able to cross the important level of $ 40,000
📌
But it still does not seem to have enough strength to climb to 45,000-50,000 .
💎
As you can see, in a descending triangle, it is in a downward trend, and if we follow the pattern, the next targets will be below 39-38k !
The price can hit the level of 43-44k again and fall
Or it can go down from here again
lets see ..
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All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
⚠️ This Analysis will be updated ...
📊 #BTCUSDT ( BITCOIN )
💹 Time Frame : Daily
🔵 Personal Opinion : SHORT
🎯 Next Targets : 40k — 38k
👤 Saeid.Mahbob
📅 20.Mar.22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
$APE Trade Idea & Buy Zone - Be Ready To Buy After a -60% DropHi Traders,
$APE as per my analysis is going to reach the 8.9~7.6$ which will give a good entry for scalpers and day traders, and even swing traders maybe..
After Activation, STOPLOSS will be a 2 Hours close below 7$
I will update then and give you possible targets if activated.
If it doesn't drop and not activated, then entry will be after Any 2 Hours close above 14$ which will lead to 17$ then 21$
NFA, DYOR, and Good Luck.
Remember, NEVER RISK MORE THAN 5% ON ANY TRADE!
Press the like button to show support, share the love, and tell me what do you think in the comments!
5x Incoming?!?ApeCoin caused massive waves in the crypto community the past 2 days and we all know why. This project should not be looked at as a meme coin. This project has utility and a strong community. This community floor net worth is over 100k so with that being said there's a lot of big money in this project already and personally, I think this can be one of the most volatile coins 2022 will see. coming in at around #34 in the CMC ranking I see this coin being valued more than DOGE and Shiba in the near future. Doge is currently #13 with a MC just under 16 billion and ApeCoin currently has a MC just over 3 billion. If this does go for a run and settles above doge that's a 5x and I think that's a reasonable target for this project.
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only
APE Coin growth thesis valuationBored Apes NFT project official ApeCoin token was launched on Coinbase and it immediately reached $32.
At the time of writing this idea, the price is around $14, but extremely volatile.
The growth thesis that i have comes from the initial price of the APECOIN on Coinbase, $32.
At 14usd the market cap of APE is around $4Bil and the fully diluted mk cap $14Bil.
At 32usd the circulating supply was $9.14Bil and the total supply around $31Bil.
My expectation is that APE could have the highest valuation similar to DOGE and SHIB, which it shouldn`t surpass.
Now the mk of DOGE is $15.6Bil with the same circulating supply as the total supply.
SHIB has a mk cap of 12.2Bil and a total supply of equivalent to $13.1Bil.
So this is the highest valuation that i think APE can reach market cap wise.
The downside is $6.3 - $7
Looking forward to read your opinion about it.