APEUSDTBINANCE:APEUSDT Long idea
I think APE is ready for a 35% pump, but I want to see a retest at 1.178
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APEUSDTPERP
APE Analysis: Seizing Bullish Momentum!Macro PVVM (Long-Term):
The range for Macro PVVM in the last seven days is from -83.65 (minimum) to -21.71 (maximum), suggesting a shift from a strong bearish trend towards a less bearish or possibly bullish trend.
Micro PVVM (Short-Term):
The mean Micro PVVM value is 32.33, indicating a bullish movement in the short term. The range for Micro PVVM in the last seven days is from -3.19 (minimum) to 48.83 (maximum), suggesting a strong bullish movement in recent days.
Key Takeaways:
• Despite the overall bearish trend indicated by the Macro PVVM, recent data shows a possible shift towards a less bearish or potentially bullish trend .
• The Micro PVVM indicates a bullish movement in the short term, especially in the recent week. This could be an opportunity for short-term traders.
• The asset seems to be showing signs of strength, making it an ideal scenario for a long entry according to the PVVM rules.
Trade Idea:
Considering the recent bullish movement and a potential shift in the long-term trend, a possible strategy could be to enter a long position on the asset. However, traders should keep a close eye on the Macro PVVM to ensure that the shift towards a less bearish trend continues. If the Macro PVVM starts to decrease again, it may be a signal to exit the long position and possibly consider shorting the asset.
Price Prediction for the Next 7 Days:
Based on recent momentum, we could expect a potential continuation of the bullish short-term movement to hit $2.53.
ApeCoin Ape price is weak and still down-trendingWhile most altcoins recorded the bottom of the decline on June 10, the APEUSDT price decided to be more "creative" and continue to fall further.
Over the past 3 days, the price of BTCUSDT has grown by +17%, by the way, at this idea we updated target:
And the APEUSDT price has added just +22% since the bottom, which is a very weak result, frankly speaking. Therefore, we don't want to draw super upward arrows that the price will soon grow and give vain hopes.
Now, the first and only task for APE buyers is to create at least some interest around the coin and raise the price to at least $2.90. This level was a strong support for the APEUSD price at the end of 2022, when the BTC price was around $15k (and now the price is twice as high - 30k)
What will happen next with the APE price is difficult to predict, we will need to observe and analyze the dynamics of events in the future. So if you are interested in further analysis of ApeCoin from us, write about it in the comments, and we will analyze the APE price movement more often and published on Tradingview
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Why is APEcoin still in Top 100 Cryptocurrencies?!?!If you haven`t read the APE Coin Growth Thesis:
Then you should know that APEcoin's current market cap of $2.3 billion and its position within the top 100 cryptocurrencies seem overinflated and unjustified. The project's reliance on non-fungible tokens (NFTs) raises concerns about its intrinsic value and utility within the broader crypto ecosystem.
Unlike other cryptocurrencies that offer tangible benefits, APEcoin's NFTs fail to provide significant value. While NFTs have gained popularity, their long-term sustainability and practical applications remain questionable. APEcoin's NFTs lack a compelling narrative or clear use case that would justify its market capitalization.
In contrast to APEcoin, top-ranking cryptocurrencies have solid underlying fundamentals, offering functionalities such as decentralized applications, smart contracts, or efficient cross-border transactions. APEcoin's limited value proposition puts it at a disadvantage in the highly competitive crypto market.
Considering these factors, a market correction or revaluation for APEcoin appears likely. A more realistic price target of $1.04 is in line with its current value and potential market demand.
Looking forward to read your opinion about it.
APEUSDT DAILY CHARTAlthough APE has changed form downtrend to uptrend, but in the chart you can see the weakness of the market, which shows that the sellers are in control of the market. In my opinion, the price will return to $3.785 and continue the upward trend with more strength
⚠️Disclaimer: This chart and analysis are not meant to be, and do not constitute financial, investment, trading, or other types of advice or recommendations. #DYOR
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.
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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APE - steaking put into the projectLast week they introduced stacking. According to observations after stacking, the coin starts to downmoves.
Technically we are above the bear trend.
and below the resistance level of $4.5.
The trendline blues are acting as support and if the price goes near them, the price will most likely fly to $3.5
In any case, there are a lot of layouts.
I will only make a breakdown of this level or trend line.
If you liked the idea, please like it. That's the best "Thank you!" 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 make yourself and your
your friends.