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!
Apecoin
BTC , Descending triangle 🔜❌Descending triangle
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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
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But it still does not seem to have enough strength to climb to 45,000-50,000 .
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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
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$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!
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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.
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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.