APE: Channel Up BreakoutTrade setup : Bearish breakout from a Channel Up pattern could signal bearish trend reversal near-term with downside risk to $1.00.
Pattern : Price was trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $1.00. The nearest Resistance Zone is $1.50 (previous support), then $2.00.
Apecoin
APE: Channel Up BreakoutTrade setup : Bearish breakout from a Channel Up pattern could signal bearish trend reversal near-term with downside risk to $1.00.
Pattern : Price was trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $1.50, which it broke, then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern.
Swing traders: can enter near Channel support trendline (~$1.70) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.70) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern.
Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
#APEIt is moving in a downward trend, which in case of support in the specified area in the higher time, this movement can continue up to its major ceiling. Currently, a corner pattern has been formed that this compression can be broken from above, which in case of failure, as mentioned, can continue its growth up to the specified range. In addition, if the candle closes below the range, this analysis will be invalidated.
Ape Hi,
Buy on green
Sell in Red
Bye
Disclaimer: Important Trading Disclaimer
The content and ideas shared on my account are for informational purposes only and should not be considered as financial advice. Trading involves risks, and decisions to buy or sell financial instruments should be based on careful consideration of your own financial situation, risk tolerance, and investment objectives.
APE: Channel UpApe Coin (APE) technical analysis:
Trade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend. (set a price alert).
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Approaching SupportApe Coin (APE) technical analysis:
Trade setup : Trends are improving, although price still needs to break above 200-day moving average (~$1.81) to confirm an Uptrend. But if it does, it could revisit $2.00 or even $2.50 thereafter.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APEUSDT Idea - APECOINHey Traders...
In my opinion, there are 2 possibilities for an upward movement.
Price correction towards $1.660 support area and then upside move with targets of $1.75 and then $1.80.
The second possibility is obvious, the continuation of the same upward movement path.
Happy Trading!
KUCOIN:APEUSDT BINANCE:APEUSDT
⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities.
✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
Analyzing APE: Mathematical Formulas Point to Potential BuyingBased on my analysis, which is based on my own mathematical formulas and psychological analysis, I conclude that the cryptocurrency APE may decrease to the level of $ 1.55 , and this level represents a good opportunity to buy.
My mathematical calculations include the analysis of price movements, trading volumes, and other technical indicators that help me identify potential reversal points and trends in the market. Additionally, I pay attention to psychological analysis, studying the emotional state of market participants, their sentiments, and reactions to news and events.
However, it is important to note that any forecast in the cryptocurrency market is not an absolute guarantee. The cryptocurrency market is known for its high volatility and is subject to various factors that can influence the price of an asset.
Therefore, before making any investment decisions in APE or any other cryptocurrency, it is recommended to conduct your own research, considering both technical and fundamental aspects of the project. It is also important to consider your personal investment goals, financial situation, and risk tolerance. Seeking advice from financial advisors or experts in the field can be helpful in making informed decisions.
APE: Approaching SupportApe Coin (APE) technical analysis:
Trade setup : Trends are improving, although price still needs to break above 200-day moving average (~$1.81) to confirm an Uptrend. But if it does, it could revisit $2.00 or even $2.50 thereafter.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Approaching SupportApe Coin (APE) technical analysis:
Trade setup : Trends are improving, although price still needs to break above 200-day moving average (~$1.81) to confirm an Uptrend. But if it does, it could revisit $2.00 or even $2.50 thereafter.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
ApeCoin: the 100X Coin Everyone Knows AboutCOINBASE:APEUSD
ApeCoin has caught my attention recently. Mostly because it's flashing bullish signals with a foreseeable 10X -- if not higher -- upside. So let's check off the speculative prediction before I dive into my 1W chart analysis.
With a max token supply of 1 billion tokens and a market cap of only $585M USD at the time of this idea, it's my opinion that ApeCoin could see some serious gains in the anticipated bull market. At only 1B tokens, if ApeCoin secures a market cap of $5 billion USD then its single token price would be a whopping $5.00 -- a 217% gain from the APE's current value ($1.58). While $5 billion is nothing to shrug your shoulders at, that is a relatively small market cap in crypto. I won't even compare this to Bitcoin or Ethereum since they are blockchains and on a whole different tier, but in comparison to other tokens such as Shiba Inu ($4.84B) or Doge ($11.5B), APE has a lot of room to grow.
Typically tokens with this type of potential are new and extremely risky, and while there is always an inherent risk when investing in crypto, ApeCoin already has a solid reputation due to its celebrity-backed NFT collection, Bored Ape Yacht Club (BAYC).
Okay, now for the 1W chart analysis:
As of late October '23, the volume has began to increase with a rising token value that's nearly doubled since its low of $0.98. The On-Balance Volume (OBV) indicator shows a positive slope which suggests an increase in buying pressure with a Money Flow Index (MFI) that is resting in neutral territory.
I've drawn out a projected Cup & Handle pattern with a cup profit target near $6.43 and a handle purchase target around $3.72. Should this pattern continue and become a valid Cup & Handle, I believe a breakout target of $9.17 is both likely and reasonable since the depth of the cup has a price range of $5.45. I did not annotate it on the chart but if the Cup & Handle completes then it will also form an Inverse Head & Shoulders (the head = cup and the right shoulder = handle).
I think it goes without saying that there will be plenty of short-term trading opportunities during this pattern formation and, while I am optimistic on an approaching crypto bull market, there is always the chance of market sentiments turning south. Regardless, APE has most certainly caught my attention as a bright short-term and long-term investment opportunity.
SasanSeifi 💁♂APE/USDT Hey there! In the daily timeframe, as you can see, the price started from the 1 USD range and, after breaking the HIGH of the 1.30 USD range, faced buying demand after ranging and consolidating. The price managed to grow by approximately 70% to the liquidity range of 1.70 and the price level of 1.77. After the growth, the price faced a negative reaction from the liquidity range and is currently trading at the price level of 1.53 USD.
The scenario we can consider is as follows: the price will again grow to the price levels of 2 USD and 2.30 USD after the correction and completion of the pullback process, also in case of confirmation. In case of correction, to better understand the continuation of the trend, we need to see how the price reacts to the target range of 1.30 USD. In addition, otherwise, if the price breaks below the 1.30 USD range and consolidates, there is a possibility of further correction to the price levels of 1.20/1 USD.
🟢 Keep in mind, it's essential to perform your own analysis and take into account additional factors prior to making any trading choices. Best of luck! ✌️
❌ (DYOR) - Do Your Own Research...⚠️⚜️
Of course, if you have any more inquiries or require further clarification, don't hesitate to reach out. I'm here to assist you!
If you found my analysis beneficial, I would be grateful for your support through likes and comments. Thank you! 🙌
Going Long APE to 1.87Traders,
I like this area for entry into APE. Close to support on top the 50 and 100 day SMA, RSI is in a decent area, and preceding a potential holiday bump. APE has still never really pumped like many of the other alts. I'm going long to 1.87. SL is 1.20. Entry was 1.415. R/R is just over 2.
This is not fin advice of course. Purely for your entertainment purposes.
Best,
Stewdamus.
P.S. - My spreadsheet is messed up at the moment. I'll have it all worked out and re-calibrated sometime in the next day or two. Thanks for your patience.