APEUSD trade ideas
APE Apecoin: 1H Chart ReviewHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Apecoin (APEUSD).
Apecoin has had a really nice pump over the past few days but it may come back down as the RSI is very high. I noted a few places where price may come back down to based on Support and Resistance trend lines and Fibonacci Retracement.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
APE/USD - buy on 30 minDear traders and followers,
Ape coin was launched last Thursday on Bitfinex and it seems people have a lot of interest in it.Active holder adresses raised since than by 10.000. The price moved up 142% in only 13 hours and is now in short time frame correction movement.
I expect a reversal near the current price area and will open a long position as soon the price reached 10.65$-10.75$ (Fibo golden ratio, entry with bullish divergence on the 30 min RSI and incoming TTM squeeze) with tight stop loss at 10.24$
I will move the stop loss into break even as soon the price reached the first take profit area near 12.65$ and will reduce the position by 25%.
All other updates will be posted under this chart.
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APE Apecoin: 1H Chart UpdateHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Apecoin (APEUSD).
Apecoin's RSI is very important to give a determination of where price may be headed yet. The price is sitting inside a Support and Resistance area currently.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
My First Ïdea"Hi Everyone. Hope you are well.
My first quick attempt at an idea. APECOIN - The new coin associated with the Bored Ape Yacht Club NFTs.
Psychologically - Owners were airdropped tokens and worth thousands of dollars. Owners may be dumping for free cash money.
EMAs in a down trend
RSI below 50
Hitting / about to potentially break through the support
Ok, Would love your feedback. Don't be nice, be honest. Its the only way to learn.
Thanks so much.
APE Apecoin: 1H Chart ReviewHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Apecoin (APEUSD).
Apecoin is inside a descending channel. Keep an eye on the RSI.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
GREEN BOX MUST HOLDThere's a couple things on APE im seeing:
Since there isn't much price history for this we can really only analyze it on the smaller timeframes. And even then, not much price history so a lot of APE analysis you see, including mine, could likely be a shot in the dark.
1) We have set a lower local low. If we set a local lower high then the previous uptrend is now done.
2) We have flipped the up trending zone of support to resistance. Not a great sign.
3) We have broken the ema ribbon and ichimoku bearish.
4) The green box has to hold as support or else we will likely move to $9
5) I would be careful with this coin. It is extremely new and has already surpassed a lot of coins in terms of market cap.
In my opinion, the confidence in this green box isn't high.
This is not financial advise and always remember to do your own research before entering a trade.
$APE Next Leg up is hereBullish $APE here, and long term. So much firepower behind the brand. Much more than any other Token has seen in terms of Celebrity and W3b 3.0 Innovators, Influencers, and Tech. In terms of the Chart, $16, $16,23, $16.44 are my price targets on this leg up. Most likely will require a break of $48K by BTC first.