📊Expectations for #APE future development trajectory☕️🤯Unfortunately, we are only 6 points apart from the successful entry, the pursuit of perfection also means that we may miss the market opportunity, but it doesn't matter, there are many market opportunities, we will continue to look for, and cancel the market traps arranged in advance, I will re-develop the trading strategy.🕳
➡️For APE, the general direction is the long structure, we are currently in the position below the target area of the big double bottom structure, so consolidation and even decline correction in this interval is very reasonable, because everyone is more divergent Ah.
‼️However, if we look at the structure, a smiley bear structure is formed in the resistance zone, so the short structure appears, which means that in a short time, we will be biased to the direction of the short to move.📉
🧠If we form a large smiley bear structure as we move, then we are likely to go near key support areas🎯
Let's see👀
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APEUSDTPERP
📊#APE has unfinished short targets ❌not recommended to go long❌🔔My analysis of APE yesterday is a big cycle level, the smiley face structure is just a kind of expectation, does not mean that it will happen, of course, if the formation of this smiley face structure, then I am still very happy, then I will be positive bullish, but not now.❌
Why is that❓
🧠Because we are currently in the target area of the double bottom structure, the action that everyone will do in the target area is to reduce or close the position, since everyone is selling, then the price will naturally fall.📉
🧠And looking at the structure, the target area has formed a double top structure, and the inflection point 1 has been broken, so we have reason to think that it will continue to decline. And the decline is also fully in line with my big cycle analysis of APE yesterday, because I expect such a pullback to happen, only a healthy pullback can form a smiley structure ah.🙏
Let's see👀
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📊#APE has the opportunity to form large smiley structures💥🚀➡️As analyzed yesterday, we made a sharp adjustment after achieving the target of the double bottom bullish structure. Now we are in the resistance zone because most people chose to take profit, so it is very reasonable to have an adjustment.✔️💯
🧠If we can form a large smiley structure like this, then we have a chance to go even higher. Only healthy adjustments can collect more liquidity and provide sufficient power for the next rise.💰🚀
➡️But if we form a new bullish structure within the resistance zone, then we can also move towards higher targets.✔️
Let's see what happens next👀
✔️Only ideas that conform to market logic + accurate trading strategies can achieve high profit-loss ratio transactions.💯
🔔If you also want to improve your trading skills, then you can contact Wolf king 💌and we will set up traps for hunting together.🕳💰🍻
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📊#APE bear defense has been breached and will continue to rise🧠The breakout of the short defense means that the short structure is broken, and then we will continue to extend the bullish move higher.
Let's see👀
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📊APE phased defensive point has been broken, beware of callback➡️As I said yesterday, if the phased defensive point is broken, there will be a high probability of a correction, because the resistance above is relatively heavy, so a correction is needed to collect liquidity. In order to avoid a sharp retracement of profits, we have all stopped profits here, and the profit-loss ratio is at least above 1.✔️💯
🧠If we choose to continue rising and break through the double top short defense point, then the periodic pullback will not occur here.
Let's see👀
✔️Actively bullish also requires looking for the right entry opportunities, contact 👉 Wolf king , let us participate in the traps laid in advance🕳
APECOIN - market maker make sideways on-chain analytics shows that whales are buying the coin.
big sideways on wycoff.
the price has started to rise. And it's breaking through the trend. highlight with red lines.
if you like the idea, please "Like" it. This is the best "Thanks!" 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 please yourself and your friends.
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 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.