APE. Does not look good.Structurally, the chart shows nothing. A 98% drop and price movement in a global downward channel only indicates that the bubble is still deflating. However, there is one consolation for APE holders - the sideways movement within the channel has been going on for over 100 days, which may indirectly indicate the formation of a bottom, BUT... Overbought by RSI, provided that the asset is not experiencing an upward local movement, does not look very good.
Bayc
APECOIN is down 95% is it time to buy?I don't want to insult or judge the BAYC team for BINANCE:APEUSDT
But I see pity for the holders of this token BYBIT:APEUSDT.P who have believed in NFTs which he said 1 year ago was said to be a Blue chip but now this token MEXC:APEUSDT.P has dropped -95.57%. a very crazy drop OKX:APEUSDT.P from 28,012 USD to 1,241 USD, this is very terrible!
And the bottom of this token will be $1 when COINBASE:APEUSD launches this token on 14 March 2022!
Good luck to the holders of this token $BITSTAMP:APEUSD!
HIMAYC 1 dayYo Yo Yo, i thought i would share this idea with you all. HIMAYC daily timeframe
This has been pumping since November last year, over 6000% took a couple of big drops during that time but even so, its pumped.
Even from March this year its pumped up 2000%. Thats insane
So here we are 1 hour time frame, Ive just made it simple. Moving averages look nice smooth and still curling up. Ive drawn some rectangles illastrating big moves on price and copied thes measured moves that matches the previous so ive basically done the same.
But to add some confluence ive drawn some simple uptrend patterns and they both pin point to the measured moves previously done. And its at a key price target of $2.50
Also moneyflow coming up into the green ;)
I know it bonkers, its a huge move but probability suggests its possible.
I thought i would put it out there so here we are :)
Peace and love everyone
APEUSDT / ETH - Long Attention Zones - Ascending WedgeAt current levels of consumption with Dookey Dash, use of Stake at Apestake.io and strong market trend in general (bullish), APEUSDT may look for past tops in the short/medium term, according to the ascending wedge on the chart.
I also recommend to take a look at the chart on the APEETH pair, where a possible pattern descending wedge is happening (continuation), reinforcing the idea of new highs.
Not a Financial Advice, DYOR.
Ape coin staking has started but the near future looks bleakApe coin staking started with great success for Yuga Labs and BAYC members. However, the macro economic conditions put additional stress on the Ape coin especially if it leads the members to cash out their stake rewards consistently. It will create consistent downward price pressure on APE. Technicals indicate price action to revisit under $3 again.
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!
APEUSDT - Short Setup +68% TPHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
The entire cryptocurrency market has been trading bearish over the past 3 days and we are seeing altcoins bleed out harder than BTC. This is a short setup opportunity for Apecoin / APEUSDT with a potential upside of 68%.
Looking for some side hustle ideas to make more money ? Check out this idea 👀
Have a great weekend 🥂
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
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.
APEs are bored indeed🥱 💤 Reasons to take short:
⭐️ BTC bearish
⭐️ Volume at top
⭐️ Couldn't make rehigh
⭐️ Slowly to the trendline
⭐️ 3rd touch
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
APECOIN APE - Bullish on Yuga Labs EcosystemAPECOIN APEUSDT - Bullish on Yuga Labs Ecosystem
Currently no position - Looking at building spot
Watching reaction at the 618fib 4.02/bottom of current micro uptrend off the lows
Looking to long in this area on support volume/swapping into some spot
Will add on further breakdown
A short is possible on the rejection here at 4.322 with a reverse or close to long at the 618
Also watching this 4.322 area if we get a move back above and a hold of this level on retest could be a long setup.
These are the levels I am watching
______________________________________________________________________________________________________________________
This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
$APE/USDT 4h (#BinanceFutures) Descending trendline breakoutApeCoin is pulling back to 50MA support and is forming a bullish flag on Low TF, looks ready for a rally!
Current Price= 4.251
Buy Entry= 4.231 - 3.917
Take Profit= 4.790 | 5.452 | 6.113
Stop Loss= 3.499
Risk/Reward= 1:1.25 | 1:2.4 | 1:3.55
Expected Profit= +17.57% | +33.82% | +50.05%
Possible Loss= -14.11%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 10 days
Tags: #APE #APEUSDT #Metaverse #NFT #Gaming #Web3 #Creation #DAO #Governance #DeFi
Website: apecoin.com
Contract:
#ERC20 0x4d224452801aced8b2f0aebe155379bb5d594381
#APE, recovering wave is coming#APE/USDT 12H
#APE was hyped a lot with #GMT's massive pumping.
It made a bearish divergence at the top and dropped to around the $3, almost -90% from the top.
Now, it made a bullish divergence, and bear's cycle looks almost done.
We can expect it reaches the resistance 1 and 2. $5.5 ~ $5.9 and $9.0 ~ $9.5.
Invalid price of this plan is the $3.5 where bullish divergence was confirmed.
Ape Coin going APE!!!Ape coin has been around for about a month and a half but Bored Ape Yacht Club and Mutant Apes have been around for over a year, but some how APE COIN has amassed a 6.3 billion market cap to become the largest metaverse coin, surpassing the likes of SAND, MANA and AXS. Why do you think it is? Well my opinion is simple, currently the floor price for these NFT's is around $304,000 dollars at the time of writing, so the majority of people can't afford a BAYC NFT so the next best thing is to jump on APE COIN. For the past month and a half people have been flocking to APE COIN to be part of this proven community, but also rumors that have been proven to be facts about a metaverse called "The Otherside Meta" have driven the price up due to the fact that April 30th there is going to be a land auction and APE COIN is going to be the currency for purchase (plus ETH gas fees).
Lets not forget about Yuga Labs, the creators behind all this, it seems everything they touch turns to gold and I think The Otherside metaverse won't be the exception. Yuga Labs has done a great job of marketing and rewarding there NFT holders, which got airdrops (free APE COIN) for just owning the NFT's. The future success of APE COIN will depend on the utility it will have inside The Otherside metaverse and the community behind APE COIN and there NFT's.
Price will likely go up until the day of the land auction, when I suspect there is going to be a huge APE COIN sell off, but I think price will break the $30 dollar mark, maybe $40 but I find it highly unlikely due to the fact that APE COIN has been oversold for a while now and bulls are losing buying power. But this is Crypto and you never know what will happen(DOGE and SHIB hahaha)
My strategy will be sell some APE when hits $30 and leave some to see if it reaches higher and then sell some more. Once price retraces after the land auction to about the $14 to $15 level I will re enter.
Remember always take profits, you will never go broke taking profits.
If you like this idea or you disagree with it please like and comment, I would like to read your opinions.
$APE COIN (BAYC) Potential Swing Long 40% Profit #APECOIN #BAYCSince our entry below 16.981,$APE has gone up to our 3rd take profit 23.197. The Ascending triangle found further confirmed its potential break out amongst other fundamental news regarding the BAYC hack. The question is will APE continue to break new all-time highs bringing its price up to 26? or are we going to see a major correction in the upcoming few days to weeks?
APE LONGI know I drew this chart horribly but that was not what I was focused on, I want to just explain that APE is a really good buy rn as it is in a stable uptrend and the land drop is coming in less than a week, I believe that once the land drop comes we will see zones of 25-30 in USDT. the land drop will be hype af and they will be using APE coins to do it so I suggest to get in and hold till Ape drop comes
$APE COIN (BAYC) Potential Swing Long Update #APECOIN #BAYCCalled it, that's all I have to say... After the BAYC hack $APE pumped to new ATH, I'm not sure if there's any clear correlation to it but a cup and handle formation was forming and I thought it'd be a good time to enter a long.