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
Apecoinanalysis
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.
💀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.
💀ApeCoin💀 Analyze (Road Map)🗺️(10/08/2022)!!!Today, I want to show you the road map of ApeCoin. Let's start with the definition of 💀ApeCoin💀.
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.
ApeCoin is making a Double Three Correction(WXY) these months.
ApeCoin is running in wave Y.
I expect ApeCoin will complete the Double Three Correction at the 🎯targets🎯 I specified in my chart.
ApeCoin Analyze (APEUSDT), Timeframe 12H⏰(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.
APE Coin: We have a bearish view in short term.... 😢Hello everyone!
We are most likely wrong but at the moment we are not attracted by the ApeCoin trend, so our idea is to sell this short-term rally. Technically, we see a area around 3.80 as a potential short-term bearish target.
Next resistance area on 1h chart:
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
ApeCoin APE price has good potential for growthIn recent days, the APEUSDT price has started to grow quite well, but the trading volumes are far from those that were six months ago.
Now the ApeCoin price hit a fairly wide liquid zone and could not pass it the first time. Well, this is logical, because in the liquidity zone of $4.25-5.25 there will be many people willing to sell their APE.
Therefore, we believe that in the coming days the APEUSD price will slightly correct downwards to gain strength for a new breakout impulse upwards. The strength of the buyers will be confirmed if the correction is not much below $3.50
If we look at the APEUSDT price chart "globally", we can assume that an "Inverted Head and Shoulders" trend reversal pattern is probably forming now
The target of $6-6.50 for APE in the next 1-1.5 months is more than realistic.
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APEBTC - Gaining momentum.!Next recovery on the line is APE coin vs Bitcoin!
It is already above the 0.236 Fibo resistance with acceptance above it..
I target the 0.5 of Fibo. and bonus target would be 0.786 of Fibo.!
Target 1 : 0.00022582
Target 2 : 0.00024515
Target 3 : 0.00029198
Stop : 0.00017994 (Previous low!)
Total no. of Analysis : 21
Successful trades : 12
NPNL : 4
Stop Hit : 4
Lost : 0
In Progress : 1
Amount of ETH needed to full-stake $APEStaking of $APE will probably start end of 2022 and APY in simulations seems to be good to be true. Especially if you stake your Bored Ape and partner it with a Kennel.
My personal thoughts:
Most Coins fail especially when so-called ecosystems like Gaming and Staking come into the game... On the other hand there might be a huge buying pressure of $APE when people realize the amount they need for a full stake.
However, I'm curious if Yuga Labs and ApeCoin DAO are able to establish this Coin in the longterm!
Trading Signal For APEUSDT ApeCoin Trading Setup:
There is a Trading Signal to Buy in APEUSDT ApeCoin .
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 4.17
⭕️SL @ 3.80
🔵TP1 @ 4.97
🔵TP2 @ 6.03
🔵TP3 @ 7.30
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
Keep an eye on APE! Here's a quick Look at the APE daily chart.
The best entry would be when the price breaks above 5.1$ with a good amount of volume. One to keep an eye on.
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The idea is: Buy when the price breaks above 5.1$ and take profits at the levels shown in the chart.
Targets:
1. 5.4$
2. 5.8$
3. 6.4$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
APEUSDT 12h Correction ends, soon a strong Apecoin movement upMore than a month ago we published the idea of a APEUSDT trade pair
Then we warned that you must be careful with the longings, as a deep correction could begin.
So it happened, the APEUSD price reached the liquidity zone $4.25-5.25
Now the APE price is a second retesting above the above-mentioned liquidity zone, which gives good conditions for a set of medium and long -term position:
Entrance in the range of $4.72-5
Stop below $4.1698
Take Profit $13.44
Profit/loss ratio 12.5/1
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Time For This To Go APE?DOWN WE GO!
From my technical analysis i am looking for price to hit $4! Reason for this is price smashed through a good level of support (red zone) Price has now been and retested this broken support as resistance both yesterday and today, this is confirmation of more downside moves to come for me.
We can also see we had a strong trendline formed which also broke and also got retested as support! Now these 2 signals alone are strong, but when they line up like these ones have this just confirms to me that we could see that push down to $4 range very soon. What i mean by this is price retested broken support as resistance at the same time it retested the broken trendline as resistance!
Also line this up with more downside moves on BTC and ETH i am expecting, a stronger USD and a large percentage of BAYC NFTs ready to get liquidated as collateral on some lending platforms the only way is down for me.
APEUSDT 1D Optimal buy and sales zones of ApeCoinThe APEUSDT price reached the lower limit of liquidity zone $7.75-9.20
We are now poorly believed that the APEUSD price will be able to break out above $9.20 from the first time
Therefore, if you have long APE, think about fix the profit at least part in the liquidity zone $7.75-9.20
After all, the possibility of correction up to $4,25-5,25 is quite likely again.
Global target for ApeCoin price growth in the coming weeks/months is in the $14 area
PS:
If you are interested in this coin, then write the comments about it, and then we will make reviews more often.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)