APE Ready to Drop!? Look for These Signals to Maximize Profit!Ape Coin has been in a sideways holding pattern for about a month, unable to break and hold over $1.50. Are these failures a death sentence for Ape? There are several data points to take into consideration and they don't all point in the same direction.
How do we trade this?
In a bull channel, it's reasonable to have a long bias since the probability of profit is greater. That data point must be contrasted with the 5 failed attempts to break and hold $1.50 and the RSI hovering around 50, which doesn't support bias toward either side.
It's reasonable to wait for more price action until the next move becomes more clear. Either a final capitulation to the upside with a sell signal, or a buy signal at bull channel support is ideal. A confirmation bar after either signal gives us enough to reasonably enter a trade. Until then, remain on the sidelines.
Key Points
1. Bull Channel, Long Bias.
2. 5 Failures to Break and Hold Above $1.50
3. Watch for Pullback to $1.25
4. RSI around 50 and on the Moving Average, Indecisive.
5. Look for Bounce or Breakout at Bull Channel Support.
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
Apecoin
$apeape is bullish
100% profit
LQ+OB
What Is ApeCoin?
ApeCoin 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.
ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO, and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation administers proposals agreed upon by ApeCoin holders.
APEUSDT bullish momentum? 👀 🚀 APE Today Analysis💎 Paradisers, turn your attention to APEUSDT! We've observed it firmly holding onto a pivotal support, hinting at a potential bullish surge ahead.
💎 Despite the recent dip influenced by market uncertainties, APEUSDT appears to be regaining its bullish momentum. Having already touched its all-time low, there's a strong sentiment suggesting a possible upward trajectory.
💎 The VRVP's pronounced volume further underscores this bullish outlook, indicating a robust potential for an upward shift. Additionally, its current position within a demand zone amplifies this perspective. However, should it breach the support level, brace for a potential decline.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
Long trade setup for APEUSDTFor the BINANCE:APEUSDT.P Long Trade Setup, the following values are suitable for our interval trade:
Entry: 1.340
Target: 1.393
Stop: 1.306
Cost Reduction: -
The profit is reasonable relative to the risk.
*This is not investment advice; you can lose money. Crypto AI Signals is not responsible for any trades. 🚫💰
APE/USDT Had an Explosive Bullish Run | What's Next?💎Yello, Paradisers! shift your focus to APEUSDT! It's currently positioned within a strategic trading zone, hinting at a potential adjustment due to the looming supply zone above.
💎In the past few days, APE has been charting its path within this trading channel. Indicators suggest a high probability of an impending correction. Importantly, APE has consistently maintained a significant resistance level at $1.306, facing rejections on two distinct instances.
💎Yet, there's an additional supply zone ahead with an untouched OB. If APE sustains its current bullish drive, it could approach the above supply zone and then go for a correction.
💎Hone your trading strategies for Apecoin with ParadiseFamilyVIP. Delve deeper into our expert perspectives on APE and other potential coins, enhancing your crypto journey.
#APE: A Gateway to Promising Returns in the Upcoming Market!"In the vast landscape of the daily time frame, #APE has been navigating through the twists and turns of a descending channel for a significant 269 days. It's a journey that's kept both bulls and bears on their toes.
To ignite a potential surge, the bulls face a formidable challenge: breaking free from the grip of this descending channel. It's a pivotal moment that could unlock the door to significant movements and set the stage for an exciting chapter in #APE's story. The crypto world awaits with bated breath for the outcome!
In the realm of the 12-hour time frame, we find ourselves on the cusp of something extraordinary—a potential APE breakout from the clutches of a falling wedge pattern. Yet, we're not in the clear just yet; a confirmation candle stands as our sentinel on this thrilling journey.
Adding to the intrigue, the RSI chart unveils a captivating bullish divergence, hinting at the dawn of something remarkable. What's in store? Well, according to the pattern's technical script, we can anticipate a whopping 75% bounce, leading us toward the alluring resistance levels of $1.49 and a tantalizingly close $1.8. It's an adventure that promises both challenge and reward and the crypto world beckons with excitement!
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
APECOIN is down 95% is it time to buy?I don't want to insult or judge the BAYC team for BINANCE:APEUSDT
But I see pity for the holders of this token BYBIT:APEUSDT.P who have believed in NFTs which he said 1 year ago was said to be a Blue chip but now this token MEXC:APEUSDT.P has dropped -95.57%. a very crazy drop OKX:APEUSDT.P from 28,012 USD to 1,241 USD, this is very terrible!
And the bottom of this token will be $1 when COINBASE:APEUSD launches this token on 14 March 2022!
Good luck to the holders of this token $BITSTAMP:APEUSD!
APEUSDTBINANCE:APEUSDT Long idea
I think APE is ready for a 35% pump, but I want to see a retest at 1.178
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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APE/USDT LONGTERM CHART OUTLOOKGreetings Folks,
today i have prepared a setup on APE/USDT
the analysis is as follows
- the price is at all time low
- currently facing a static resistance which might break
- a bigger and important dynamic resistance which is the pivot of our trade
- watch out for volume, whichever side it breakout it should be with good volume otherwise it might be a liquidity sweep
dont play with fire, always use a predefined stoploss
Apecoin / Ape analysisApes together strong !? ApeCoin price today is $5.8 with a 24hour trading volume of 340 million dollar. APE price is up 4% in the last 24 hours and 64% up since last month
ApeCoin is a decentralized project inspired by Yuga Labs’ Bored Ape Yacht Club project. ApeCoin was founded to be used within the burgeoning APE Ecosystem, which is supported by the APE Foundation. The ApeCoin DAO aims to build and maintain the APE Ecosystem in a fair and inclusive way, providing an infrastructure for ApeCoin holders to collaborate through open and permissionless governance processes. 6 days ago 0.7% ape supplies (30 million dollar) unlocked and the price hit 4.5$ since then price going up each single day
the first major resistance is 7-7.2$ and if Apes breaks that then 7.5, 7.9 are next targets. If you managed to buy it at 3.5 take some profit too
for traders who has a bigger vision and have longer view 7 and 8 are next targets but for scalpers 6 and 6.3 are the next milestone
ApeCoin and AXS - a race to Zero?People keep asking me "Is altcoins season coming and Which altcoins i should buy now?"
I would tell you that most of the altcoins from previous bull markets seem compromised due to unfavorable tokenomics and a looming overhang of unlocked tokens.
There's a possibility they may never recover, and it's imperative that we identify a fresh narrative for the upcoming generation of altcoins to gain popularity. In the interim, it appears most logical to maintain exposure to Bitcoin.
Crypto VCs are facing significant pressure to deliver returns to their investors.
Although certain crypto VC funds have generated returns ranging from 10 to 20 times the initial investment, others have experienced significant losses, prompting investors to opt for cashing out, even when potential returns were considerably higher.
These VC funds are expected to continue playing a pivotal role as sellers of altcoins and are compelled to liquidate their holdings.
Monitoring the token unlock schedules of these projects can yield substantial alpha, as the anticipated selling pressure is likely to lead to decreased token prices.
ApeCoin APE
As of September 17, ApeCoin is poised for yet another substantial unlock, this time amounting to $55 million, which represents 11% of the total outstanding tokens.
This is significant given the current ApeCoin market cap of $500 million. Since the last unlock on August 17, which involved 4.2% of ApeCoins (equivalent to $21 million), prices have witnessed a sharp decline of -24%. Furthermore, the one-year emission or dilution rate stands at an alarming 58%.
Axie AXS
On October 20, a significant unlocking event is scheduled for Axie Infinity's token (AXS), involving 11% of the total tokens.
Since the previous unlock on July 22, the value of AXS tokens has experienced a notable decrease of -32%. Presently, AXS maintains a market capitalization of $590 million, reflecting a substantial decline of -97% from its peak in November 2021 when it reached $10.5 billion. Additionally, the one-year emission rate stands at 24%.
Hard time for AXS and APE holders
Even though their prices have fallen considerably, it's difficult to envision a significant rally for ApeCoin or Axie Infinity tokens. These tokens are expected to lag behind the broader cryptocurrency market in terms of performance.
APE/USDT is All Set For Bullish Drive | ApeCoin Analysis💎Paradisers, get ready for some action! APE/USDT has just burst through a descending triangle in the 4H timeframe, priming itself for a likely bullish eruption.
💎Just a few days ago, APE skillfully engaged with a bearish Order Block (OB), set matching highs, and embarked on a downward path to tackle the bullish OB and capture buying liquidity.
💎If ApeCoin continues its upward trajectory through the triangle's apex, it's set to target the impending supply zone.
💎Yet, let's remain cautious of the unpredictable market conditions that could alter the game at any moment. We're optimistic about the chances of the price making a return trip to the supply zone, courtesy of lingering liquidity.
💎Keep your charts fresh and stay tuned for more crypto updates! Happy trading, Paradisers! 🌴
This is NOT a wise trade! But I had to...Traders,
Against my own advice, I purchased APE here. Sometimes, you just have to trust your gut. My gut tells me that APE is due for a pump soon. Look at that hidden bullish divergence on the RSI!
Position = APE
Direction = long
Entry = 1.89
Stop Loss = 1.573 or drop below RSI TL, last one wins
Take Profit(s) = 2.873
Risk/Reward = 3/1
Leverage = NONE
Profit Potential = 2x
Best,
Stew
#APE/USDT 1D (ByBit) Small falling wedge near breakoutApeCoin just printed a morning star, reversal towards 100EMA seems around the corner, at least short-term.
⚡️⚡️ #APE/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.6X)
Amount: 5.1%
Current Price:
1.888
Entry Targets:
1) 1.885
Take-Profit Targets:
1) 2.458
Stop Targets:
1) 1.598
Published By: @Zblaba
NYSE:APE #APEUSDT #ApeCoin #NFT
Risk/Reward= 1:2
Expected Profit= +79%
Possible Loss= -39.6%
Estimated Gaintime= 4-6 weeks
apecoin.com
APE. Stress test.A rather negative mood prevails in APE community. Although the forum is quite active in terms of proposals... Probably in the foreground they still have NFT rather than APE.
Well, we have a 71% fall in half a year. A decline at a time when the market has taken a relief rally. If, over time, APE drop to less than $1, I will buy, it will make sense, but only for the speculation purposes. There is still a lot of hype in capitalization at this point.
APEUSDT - new trend 20231. price made Trend line breakout
2. local Bullish structure 🐂
3. global Bullish structure 🏁
4. and secret information
news
The minimum price of MAYC NFT fell almost 16% in 24 hours.
Machi Big Brother accumulated 84 Azuki in 24 hours, becoming the second-highest holder of the #NFT series
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
📈 $APE Wedge Setup Identified! 📉Hey traders! I've identified a potential wedge setup on NYSE:APE that could present an exciting trading opportunity. Let's dive into the details!
📌 Ticker: NYSE:APE
📌 Wedge Pattern: Identified
📌 Timeframe: 2 day RSI - Wedge Identified
📊 Chart Analysis:
The price action on NYSE:APE has formed a wedge pattern, characterized by converging trendlines. This pattern typically indicates a potential breakout or breakdown in the near future.
📈 Bullish Scenario:
If the price breaks above the upper trendline of the wedge with significant volume, it could signal a bullish breakout. This may lead to a potential upward move in the price, presenting a buying opportunity.
📉 Bearish Scenario:
Conversely, if the price breaks below the lower trendline of the wedge with significant volume, it could indicate a bearish breakdown. This may result in a potential downward move in the price, offering a potential selling opportunity.
💡 TradingView Analysis:
For a more detailed analysis, feel free to check out the chart on TradingView using the following link:
📣 Let's connect and discuss this potential trade setup! Share your thoughts and analysis in the comments below.
🔔 Don't forget to follow for more updates on NYSE:APE and other exciting trading opportunities!
#APE #WedgePattern #Breakout #TradingOpportunity #TechnicalAnalysis #TradingViewAnalysis
Disclaimer: This is not financial advice. Remember to do your own research and consider your risk tolerance before making any trading decisions.
Happy trading, and may the markets be in your favor!
STP - Professor Node It All