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APEUSDT

Phemex Analysis #30: APECoin Surge 138% in just 3 Days?!The crypto world was abuzz with excitement as APECoin, the NFT token associated with the iconic Bored Ape Yacht Club and Mutant Ape Yacht Club, took center stage. The recent launch of APEChain, its dedicated blockchain network, coupled with the integration of Layer Zero, a powerful interoperability protocol, ignited a frenzy among investors and traders alike. The news sent shockwaves through the crypto community, propelling APE's price from a modest $0.736 to a staggering $1.757 in just three days – a mind-boggling 138% increase. This dramatic surge was a testament to the growing confidence in the APECoin ecosystem and the potential of its blockchain technology. Possible Scenarios As the dust settled, investors were left pondering the next chapter in APE's story. Could the price continue its upward trajectory, breaching the $1.81 resistance level and challenging the psychological barrier of $2.0? Or would the recent surge prove to be a temporary high, followed by a much-needed correction or consolidation phase? 1. The Bullish Case The potential for a continued uptrend was fueled by the positive sentiment surrounding the APEChain launch and the integration of Layer Zero. These developments positioned APE as a versatile token with multiple use cases, including governance for the ApeCoin DAO and transaction fees across various blockchains. 2. The Bearish Case However, the crypto market is notoriously volatile, and a strong resistance level at $2.0 could pose a significant challenge. If APE fails to break through this barrier, it could lead to a price correction, potentially retracing to $1.36 or even lower. Such a scenario would require careful consideration and risk management. 3. The Neutral Outlook A more likely scenario might involve a period of consolidation around the $1.36 to $1.70 range. This would allow investors to digest the recent gains and for the market to reassess the longer-term outlook for APE. Patience would be key during this phase, as a breakout above the resistance level could signal a resumption of the uptrend. Conclusion APECoin's meteoric rise is a testament to the growing appeal of the project and the potential of its blockchain technology. While the future remains uncertain, the recent developments have created a strong foundation for continued growth. Investors must approach the market with caution, carefully weigh the potential risks and rewards, and be prepared for both upside and downside scenarios. Tips: Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
ApeCoin APE price gave a ray of hope, for the first time in 2.5yWhat happened in #ApeCoin that the price gained +160% in 3 days?) In principle, OKX:APEUSDT still has the potential to rise to $2, and then "they" can draw an inverted head and shoulders. Although, it's a bit scary to "get long" before $0.85. At the #SUIUSDT chart has clearly worked out this pattern. Another concern is how thin the crypto market is: a little effort and you can pump the asset so much that #APE which has been in a stable downward trend for more than 2.5 years, “jumped” to 4th place in terms of trading volume, right after CRYPTOCAP:BTC , CRYPTOCAP:ETH and CRYPTOCAP:SOL _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
5
APEUSDT - 15min - VOLATILITY = SWING TRADINGAPEUSDT - 15min - VOLATILITY = SWING TRADING If you like my AT, and you agree with the approaches, please FOLLOW ME and press BOOST so we can share it with more people. We are working on an automated trading tool so that everyone can apply their strategies in a VISUAL and PROFESSIONAL way, as we present in the analysis. Thank you! _______________________________________________________ APEUSDT - 15min - VOLATILITY = SWING TRADING It seems that APE will continue its rise looking for the objectives of $1.88 and secondly, $2.56. What interests us is that it is doing so with great VOLATILITY and this allows us to do both SHORT and LONG operations in very short frames. To go short, we have to wait for it to finish rising and for decreasing highs to be configured as in the first red line. Meanwhile, successful trades will always follow the dominant trend. This is what we see on the 15-minute charts. If BTC increases its volatility, APE will be a sounding board and will multiply it by 10. Whatever you do, be careful and avoid getting embarrassed. :) ______________________________________________________ Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or the other, taking the necessary deposits from your portfolio. TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders. This tool is in the development process and the BETA will soon be ready for testing. FOLLOW ME and I will keep you informed of the progress we make. I share with you my technical analysis assessments on certain values ​​that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
Short
by DeuXfi
APEUSDT - 1h Has to correct part of the riseAPEUSDT - 1h Has to correct part of the rise If you like my AT, and you agree with the approaches, please FOLLOW ME and press BOOST so we can share it with more people. We are working on an automated trading tool so that everyone can apply their strategies in a VISUAL and PROFESSIONAL way, as we present in the analysis. Thank you! _______________________________________________________ APEUSDT - 1h Has to correct part of the rise I'll be brief, it won't be easy, it won't be linear, but it seems that APE has reached its maximum at 1.70. Correction target : 1.24 - 1.12 The waves won't be easy to ride but there is a strategy and important goals to achieve if things are done right. _______________________________________________________ Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or another, taking the necessary deposits from your portfolio. TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders. This tool is in the process of development and the BETA will soon be ready for testing. FOLLOW ME and I will keep you informed of the progress we make. I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
Short
by DeuXfi
3
Why Support and Resistance Points Are Important Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (APEUSDT.P 1M chart) Usually, the arrangement of candles is used to indicate support and resistance points. Basically, indicators are used to indicate support and resistance points. However, I feel like support and resistance points are needed in the 1.9101-6.7780 range. So, there is a possibility that support and resistance points are drawn near where the fingers are pointing. The price is currently under 1.9101, so let's check it out on another time frame chart. In any case, the point to watch is whether it can rise after receiving support in the 1.3270-1.9101 section. - (1W chart) When drawing support and resistance points using indicators, it is best to draw indicators that are currently marked with candles. This is because it means that the current point is acting as support and resistance. Other than that, you can mark indicators that are thought to have a longer horizontal line than other horizontal lines. If you check the chart above, I think you'll understand what I mean. Since the important support and resistance points are indicators that are currently marked with candles, you can create a trading strategy targeting the corresponding horizontal lines. The sections marked as Support and Resistance on the chart correspond to those. You can think of the remaining lines as lines that can be used for detailed strategies that allow you to conduct split transactions when conducting transactions. In that sense, the 1.4870 point can be used for detailed trading strategies, that is, response strategies. Accordingly, you can proceed with buying or selling. - (1D chart) The support and resistance points to be used for detailed trading strategies are indicated in the 1.320-1.9101 section. That is, the points 1.3929 and 1.6755 are applicable. These two points correspond to the HA-Low and HA-High indicator points. ------------------------------------------------- If you have indicated support and resistance points on the 1M, 1W, and 1D charts as above, you can mark them according to the importance of the support and resistance points and create chart analysis or trading strategies for them. Important support and resistance points are 1st: 0.5841-0.7505 2nd: 1.0670 3rd: 1.3270 4th: 1.9101-2.1090 You can use the points or sections above to create chart analysis or trading strategies. When marking support and resistance points, do not draw them while thinking about chart analysis or trading strategies. The reason is that if you do so, you will likely mark support and resistance points while reflecting your subjective thoughts and psychology. Therefore, when marking support and resistance points, it is important to focus only on the arrangement of candles without thinking about anything else. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin when it rises above 29K. The section expected to touch the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
APE/USDT Breakout Alert! Is need retest and continue bullish!Yello, Paradisers! Are you ready for a potential breakout or a steep drop? Let’s dive into #APEUSDT, where we’re seeing some significant action that could make or break your next trade. 💎#APE has shown a bullish sign after successfully breaking out of the falling wedge pattern and then reversing the short-term trend by breaking the previous Lower High (LH). This suggests that a shift toward a bullish movement is underway. Currently, the price is likely to retest either the trendline or the demand zone around $0.63, which aligns with a key Fibonacci retracement level at $0.69 - $0.63. If APE can find support and rebound from this level, there’s a high probability that the upward movement will continue toward the key resistance area. 💎This resistance is located around the $0.993 level, which happens to be APE’s previous bottom. A breakout above this level could trigger bullish momentum in the mid-term, with the potential for APE to reach its major resistance target. 💎However, it’s not all bullish optimism. If the price fails to rebound from the $0.63 - $0.55 demand zone and breaks below, we could be in for some trouble. In that case, the highest probability is that APE will revisit the key support area around $0.43. This zone marks the previous bottom for APE, so it’s critical that the price holds here to maintain the bullish scenario. 💎A daily close below $0.43 would invalidate the bullish outlook. A break below this level would signal a new lower low, pushing APE into a deeper decline, creating a fresh bottom. Remember, staying disciplined and following clear strategies are essential in these volatile times. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
4
Will #APE See a Breakout or Keep Falling? Key Levels to WatchYello, Paradisers! Are you ready for the next big move in the #Apecoin? Let’s dive into #APEUSDT analysis, where things are getting intense: 💎#APE is currently showing signs of a potential bullish continuation from a crucial Bullish Order Block (OB) at $0.563. We’ve been watching #ApeCoin navigate a descending channel. 💎Recently, it’s been making a serious attempt to break above this formation, gaining momentum from that Bullish OB. If this upward push holds, we could be in for a powerful bullish surge. 💎But here's the catch— GETTEX:APE needs to break through the key resistance level at $0.788 to confirm this bullish scenario. Should this happen, we could witness a significant rally, with the first target pegged at the Bearish OB around $1.03. This is where things could get really exciting. 💎However, let's not get ahead of ourselves. If the momentum fizzles out near this demand zone, we could see a pullback to the lower demand area at $0.473. A daily close below this support zone would flip the script, invalidating our bullish outlook and potentially leading to further declines. Stay disciplined, patient, and ready to adapt to whatever the market throws our way. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
APE/USDT Investment UpdateHello everyone. Bitcoin went against the majority, including myself, and didn't drop to 40-50k as I anticipated. ➖ I had to correct my mistake and bought APE/USDT with 100% of my portfolio. ➖ Based on the orders, the first target is $1.80-$1.90. ➖ The second target is closer to $5, and the long-term target could be $25-$50 considering the launch of the Otherside game. As we approach $1.80-$1.90, I will likely close half of the position and diversify my portfolio with other cryptocurrencies. #ape #Apecoin #bitcoin #otherside
Long
by UnknownUnicorn285026
APE: Channel Down BreakoutTrade setup : Price broke out of Channel Down pattern, which could signal a bullish trend reversal with +15% upside potential to $1.50. Stop Loss (SL) level at $1.09 (below prior swing low). This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Pattern : Price was trading in a Channel Down pattern. 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. Learn to trade chart patterns in Lesson 8. Trend : Neutral on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $1.25, then $1.00. The nearest Resistance Zone is $1.55 (previous support), then $1.85.
Long
by altFINS
#APE/USDT Trading at the Bottom. 2500% to reach the ATH!Welcome to this quick trade setup, everyone. First of all, I request you to follow me if you want to leverage the upcoming altcoin season of 2024. I will be dropping the best 30 trade setups for this bull run. In 2021, I posted 28 altcoins, 18 of which achieved 10x to 30x returns, 5 did 5x to 8x, while a few didn't have a significant run. You can check my previous charts for the results. I will be doing that again, so stay with me. Let's get straight to this chart. APE is trading right around the bottom as we speak. The all-time low for APE is $1, and it is currently 24% up from there. Is it a good investment? APE hasn't had a significant run yet. To achieve the previous ATH, it needs to pump almost 2500%+. Is it a good bet? Considering the technical analysis, yes. I am adding a small bag here and will DCA all the way to $0.80. The target is $15 to $27. But always DYOR, this is not financial advice. If you want more trade setups, please hit the like button to support my content. Thank you. #PEACE
by Cryptorphic
2
APE: Channel Down BreakoutTrade setup : Price broke out of Channel Down pattern but we wait for confirmation: break above $1.32 key level. If so, it could signal a bullish trend reversal with +15% upside potential to $1.50. Stop Loss (SL) level at $1.09 (below prior swing low). This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Pattern : Price was trading in a Channel Down pattern. 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. Learn to trade chart patterns in Lesson 8. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). Support and Resistance : Nearest Support Zone is $1.25, which it broke, then $1.00. The nearest Resistance Zone is $1.55 (previous support), then $1.85.
Long
by altFINS
APE: Channel Down BreakoutTrade setup : Price broke out of Channel Down pattern but we wait for confirmation: break above $1.32 key level. If so, it could signal a bullish trend reversal with +15% upside potential to $1.50. Stop Loss (SL) level at $1.09 (below prior swing low). This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Pattern : Price was trading in a Channel Down pattern. 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. Learn to trade chart patterns in Lesson 8. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $1.25, which it broke, then $1.00. The nearest Resistance Zone is $1.55 (previous support), then $1.85.
Long
by altFINS