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.
APEUSD
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.
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.
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.
APE inefficiency APE looking bearish on short term trend on 1hr TF as we can see hit daily resistance and start pushing down from there..... The is two unmitigated bearish OB above but e won't consider taking short from the nearby OB above as there is inefficiency created above it and I'm expecting the liquidity grab towards the strong bearish above the inefficiency............
Good to place short order there and wait for entry to be fill
Always use proper management risk
Follow for more market update and trade setup
APE ANALYSIS (4H)APE's uptrend looks weak, but the price may rise. From where I put STRAT on the chart, it looks like an ascending wave has started which is ABC.
We seem to be in wave B now. Wave C can move up to two red lines.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Ape about to toss some poo Was able to get some gains get last night, I told y'all we were about to pump.
Anybody get some profits locked in?
I see downward forces and a correction needed.
What are your thoughts? Both on BTC and APE please.
Let's get this money and Stack sats!!!
Argentine president is awesome!!
Ape Up date?If you find this information 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!
APE update.
This has not recovered like some other #Altcoins.
So it's a laggard or a turd...
Not here to judge, but has some dece Elliottwave in there, so keeping an out for clarity.
PA, 1.50 or 1.27 break triggers action.
APE, time to...ape in? Elliott wave countsIf you find this information 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!
Maybe...
Looking for a retrace to an ideal location 1st, current move up doesnt look the most motive to me, atm.
Cheers.
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 Fibonacci support /resistance levels (log chart)
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and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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 failed to buy bull first.APE failed to buy bull first.
After being continuously sold out in the NFT and Token market,
APE is having consolidation volume at the price range of 1.xx$
APE's sell signal has exceeded the sell zone and shows signs of reversal.
Pay attention to VOL in the 3-4$ price range of a very large ape.
Therefore, this price range gives us a huge opportunity x3-x4.
Good luck to you and me.
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
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