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$APE COIN (Bored Ape Yachts) Head & Shoulders Short ConfirmationThe head and shoulders on the $APE Coin chart have played out exactly the way I expected and I am currently in a short position accumulating more and more $APE. I believe that we will see a move back to the .618 Fib level before can make a potential move upwards; however due to the very recent release and massive hype since its listing on major exchanges; if you've been in crypto for a few years now, every new coin dumbs, before it consolidates and pumps to higher highs. Targets between the green take profit areas SL: 12.4590 - you may move your stop loss in front of your entry or break even. Enjoy your profits everyone!
Short
by yoyokenwan
1
$APE COIN (Bored Ape Yachts) Head & Shoulders Short ScalpHead and shoulders pattern has formed on the four 4hr charts which indicates a price movement towards the downside, Du to the price common price volatility of a new coin $APE could go up even higher or drop back down to its lower %7 - %$ 9 in the future. I have since closed my position on the previous even before it hit the first take profit target. Entry: Around 13 - 14 Take Profit Targets: 12.32 - 11.80 - 11.09 SL: 14.802 Rusk Level: High!
Short
by yoyokenwan
APECOIN (BAYC NFT) Potential Long Set UpThis NFT token/coin went from less than $7 to $17 in a mere several hours after its listing on major exchanges. $APE has retraced back down to the 0.236 level and may even retrace lower due to the volatility and usual price action of such coins. A cup and handle formation is forming or; past tensed; formed and cup and handle formations usually indicate price movement whether it be downward or upward, in this case, the latter. WARNING!!! This trade setup is a very risky one and if anybody does decide to enter it please use 1% of your capital, 3% max. there aren't enough candles for me to properly analyze this coin but as for myself, I will be entering a long position once the price goes drops to the indicated prices under the long position tool. Entry Targets: 12.27 - 14.50 TP: 15.18 - 16.08 - 16.54 - 17.14 - In the scenario, it keeps going up for "unknown reasons" keep it running as a free moon bag! SL: 12.10
Long
by yoyokenwan
APE/USD - Don't APE into APE just yet! 🤣APE had a fantastic launch and there is a lot of speculation about this coin from Bored Ape Yacht Club. Price appears to have formed a nice ascending triangle after this most recent correction. Price is just below the key resistance, so best to wait before considering an entry. You want to buy at support! The safest trade here is to wait for a clear break from this triangle and buy the retest. Or sell if APE breaks lower. On 1h timeframe we're a bit overbought, so be patient. This coin is pure speculation right now, but volume is very good, as is volatility. A trader sweet dream. Bias is a bit neutral on this price action. Let's see how it develops. Let me know if you want me to chart this again later. Like and follow if you liked my idea!
by DU09
9
ApeCoin Next Support Mapped!ApeCoin has been selling off since its most recent pump. It has broken all supports and is now looking to move towards its final support zone which is shown on the chart above. After reaching that support zone I've mapped out how I think it will react over the next few weeks. This is purely a guess but with the community it has, this is very possible. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! This is not financial advice. This is for educational purposes only
KRAKEN:APEUSD
by rnaofs
2
5x Incoming?!?ApeCoin caused massive waves in the crypto community the past 2 days and we all know why. This project should not be looked at as a meme coin. This project has utility and a strong community. This community floor net worth is over 100k so with that being said there's a lot of big money in this project already and personally, I think this can be one of the most volatile coins 2022 will see. coming in at around #34 in the CMC ranking I see this coin being valued more than DOGE and Shiba in the near future. Doge is currently #13 with a MC just under 16 billion and ApeCoin currently has a MC just over 3 billion. If this does go for a run and settles above doge that's a 5x and I think that's a reasonable target for this project. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! This is not financial advice. This is for educational purposes only
KRAKEN:APEUSD
by rnaofs
1