APECOIN has some "potential" but heed the warningsTLDR: If APE can stay above current support and get above 4.50 - it opens the door to huge upside.
A time travelers story: Once upon a time in the mystical kingdom of finance, there was a magical asset called Apecoin. It was a special coin that had the power to bring prosperity to anyone who owned it.
Apecoin had a difficult start in life as it was born during a time of great uncertainty in the kingdom. The market was highly volatile, and many investors were skeptical of the coin's potential. However, Apecoin's resilience and strength soon became evident as it bounced off significant support and began to gain traction (major support is near $3.30)
As Apecoin grew in popularity, it attracted the attention of many greedy traders who saw it as a way to make a quick profit. They began to buy up large quantities of the coin, causing its value to skyrocket.
But Apecoin was not just any ordinary asset. It was a wise and intuitive coin that knew when to resist the temptation of quick gains and focus on long-term growth. It knew that there was resistance around 4.55 and that it needed to tread carefully to avoid losing its value.
So Apecoin used its magic powers to guide its owners towards wise and prudent investment decisions. It advised them to hold onto the coin and wait for the right opportunity to sell. It warned them of the dangers of greed and the importance of patience and discipline.
Many investors heeded Apecoin's advice, and they were rewarded handsomely. As the market stabilized, Apecoin's value continued to rise steadily, and those who held onto the coin were able to reap the benefits of their wise investments.
Over time, Apecoin became a symbol of hope and prosperity in the kingdom of finance. It proved that even in the midst of uncertainty and volatility, there was still room for growth and success. And so, the legend of Apecoin lived on, inspiring generations of investors to invest wisely and make the most of their opportunities.
Apecoin
Rise of the Planet of the APEs 🦧Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
🦧 APE has been overall bullish trading inside the rising broadening wedge in blue and is now retesting the lower bound.
Moreover, the zone 4.5 - 5.0 is a strong weekly support zone .
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support zone and lower blue/red trendlines . (acting as non-horizontal support)
As per my trading style:
As APE approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ApeCoin I gave the #bearish pov, now here's the #BULLISH #ApeCoin I gave the #bearish pov, now here's the #BULLISH if that's invalidated. HTF still reflects rejection @ breakout, but EMA20 & 50 showing SilverCross & acting as support. If #BTC #ETH #Crypto gain some momentum, #APE can get the push it needs for HH's & 30%-60% gains.
ApeCoin H & S forming on HTF with potential -45% downsideApeCoin H & S forming on HTF. Volume has been trending down as price was increasing. The price action of APE formed a Tweezer Top on the 1D chart and now it's forming a Head & Shoulders pattern. It's approximately 10% from the neckline & the measured move from there is -35%+. This would support the narrative of further downside for BTC and the rest of Crypto. However, the price can also bounce at the neckline (or before) if Bitcoin continues it's bullish trend. I'll be very bullish if price gets down to the H & S target. COINBASE:APEUSD
How do I spot my entries? APE bullish
Hi traders,
I did a video showing how I manage to enter a position, mostly for long entries as I ONLY go long! I work with 15 min and 1 min timeframe, in my opnion it works fine for scalping!
The shown configuration works with APEUSDT and some other coins, so if you want to try you can do it, but should be taken it with special care :)
How should I do better to improve my trading according to what you see? Your opinion is welcome.
If you find it useful please hit the "yes" bottom for sharing.
APE: Pullback in UptrendApe Coin (APE) technical analysis:
Trade setup : Pullback in Uptrend. Following a bullish breakout from Channel Down pattern, trends reversed to bullish but momentum is fading near-term (MACD crossover). However, pullback near $5 support could be an attractive swing entry in uptrend. Could revisit $7.50 next.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and 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 $5.00 (previous resistance), then $4.00. The nearest Resistance Zone is $6.00, then $7.50.
APE to consolidate?If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Best bull case, Elliott wave style, atm.
I am wrong,
move from the low finishes as impulse,
Internal retrace before external move up and out.
…Still corrective to me, atm.
Cheers!
APE: Resistance BreakoutApe Coin (APE) technical analysis:
Trade setup : Following a bullish breakout from Channel Down pattern, trends reversed to bullish. Price now broke above $6 resistance, showing strength and Uptrend continuation. Could revisit $7.50 next.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $5.00 (previous resistance), then $4.00. The nearest Resistance Zone is $6.00, which it broke, then $7.50.
$APE - chart saying something differentHello my Fellow TraderZ,
No doubt last few days have been awesome and ballastic for most of the tokens.
$APE also showed us a massive 146% gain. Now it is seen that RISING WEDGE is in formation. RSI, price on 4HTF & DTF creating Bearish Divergence. Also we could see some exit pump also. But be cautious if in profits, never hesitate to TP.
Divergence could play anytime and we will see a pullback to test Daily EMA 200.
CHEERS!!!
💀ApeCoin💀Analyze (Road Map)🗺️(Update)🔁Today I updated Roadmap 💀ApeCoin💀 for you.
I suggest you carefully read my previous post about ApeCoin (according to my analysis, ApeCoin moved well).👇✅😎
ApeCoin is moving near the resistance zone on the daily time frame; also, it seems the D point of the bearish AB=CD harmonic pattern has formed in the TRZ(Time Reversal Zone).
I expect ApeCoin to decline to at least the EMA100 & support zone and the downtrend line.
Also, we can see the end of movement at the StochRSI indicator👇.
If ApeCoin can break the resistance zone upwards, we can confirm the end of the main wave Y; otherwise, the main wave X will continue.
ApeCoin Analyze ( APEUSDT ), Daily Timeframe ⏰(Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.