Analysis on APE/USDT:We've observed a breakout from the vertical channel resistance at $1.174, indicating a bullish signal.
The target price is set at $1.52, derived from the channel's height.
It's crucial to set a stop loss if the price closes below the level that has now become support (previously resistance).
Stay vigilant and trade wisely! #APEUSDT #TechnicalAnalysis"
APEUSDT trade ideas
APEUSDT , A nice chart in cryptodamn, this APEUST is one of the most nice chart in crypto.
i like charts like this, whenever it breaks the down trend to up. and start to move over down trend line, its good to open your long position .
please let me know if you aree aware of other charts in crypto like this,
ps: right know its not good to open Long position, this is just an idea. maybe even price drops to half price from current price, but have this in your watchlist.
APECOIN may crash into its last supportHello trading view community, should you like this analysis please support with like and comment your idea below this analysis. Thanks. Never risk more than you can afford to lose.
By the way, always DYOR.
It was really a very long journey from $27.50 to crash down into $01.06
I am not going to compare though it seems that APECOIN is going act just like C98 and may crash below to its starting price value.
Should APECOIN go just like above-mentioned state, then one need to find the next levels and target via daily and weekly ATRs, which will be presented after breaking down the $00.9985 support zone.
This is personal idea and I am not a financial advisor.
APE failed to buy bull first.APE failed to buy bull first.
After being continuously sold out in the NFT and Token market,
APE is having consolidation volume at the price range of 1.xx$
APE's sell signal has exceeded the sell zone and shows signs of reversal.
Pay attention to VOL in the 3-4$ price range of a very large ape.
Therefore, this price range gives us a huge opportunity x3-x4.
Good luck to you and me.
APE USDT PERP Hello Trader OKX:APEUSDT.P
the weekly chart is really bearish for the long term, so I'm
don't want to go long at this point because yeah.
this could be a fake area and take a short term on the scalping chart.
entry 1.1357
stoploss 1.1588
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Disclamer: Not Financial Advice
APE short - swing trade Opened a market short on APE targeting 0.260$
Aggressive trade with regards to the current market conditions.
IF we reclaim 1.100$ and start pushing higher I will close the position.
IF we break and hold below this will most likely be a trade you can forget about which will print automatically for you until TP is reached.
NO NEED TO OVER LEVERAGE OR GO 'ALL IN' ON THIS TRADE !!!!
Remain attentive to the pa and be aware of you RISK MANAGEMENT
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Brief Analysis——APEIn the past few months, due to the release of some leading NFTs fell short of expectations, the total market value and transaction volume of the NFT market continued to decline. As the leader in the NFT market, BAYC once tried to develop new NFT collections and games in an attempt to ignite the NFT market again, but failed. The price of APE, its token, continues to decrease.
We conducted a brief analysis of APE earlier. Considering that APE continues to hit new lows, it is difficult to find suitable support levels, as well as the weakness of the bulls, we believe APE will continue to fall. Although the price of APE decline, trading volume has remained above average since June.
Judging from the MBF indicator, after entering September, the bottom-buying sentiment has increased significantly, which is higher than the bottom-buying sentiment at other date in the half year. Moreover, this round of bottom-buying sentiment has many cones, not a single cone.
At the weekly level, APE’s recent bottom-buying sentiment is also significant.
In summary, higher than past trading volume and significant bottom-buying sentiment may cause APE to rebound in the future.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
APE/USDT LONGTERM CHART OUTLOOKGreetings Folks,
today i have prepared a setup on APE/USDT
the analysis is as follows
- the price is at all time low
- currently facing a static resistance which might break
- a bigger and important dynamic resistance which is the pivot of our trade
- watch out for volume, whichever side it breakout it should be with good volume otherwise it might be a liquidity sweep
dont play with fire, always use a predefined stoploss
APE. -29% again?APE is losing value amid falling interest in metaverses. Recent token splits are also not conducive to maintaining value due to dilution of circulation. If the global trend does not change, APE may fall by 29% by the middle of the descending channel.
However, RSI has been in the oversold zone since April and the price has been looking for the bottom for a long time - it may be somewhere nearby...
Bullish Wolfe pattern APE is cooking 🔥All 3 targets are important to watch when the price hits them.
The first three targets are significant, and when the price breaks through them, next target will be Wolfe Waves pattern target.
Each time the price reaches and breaks out of a target, it signifies increased buying power.
No stop-loss is necessary, as you can observe MACD divergences, even on small timeframes.
This implies an impending bullish trend, although any movement before that point is possible.
For 6 MACD timeframes in one chart see below
APE Has strong support A strong support level was formed on the coin, tested twice and was accompanied by an impulse buy-off by buyers. At the moment, an inclination has been formed, behind which there is an accumulation of liquidity. After local trading under the slant, the price broke through it. I am considering further upward movement after a retest of the slope and a rebound from it, to the nearest liquidity
APE short - swing trade (update)APE pa going nicely and according to plan. Added an extra position on Sunday.
All in all the plan remains the same.
IF you've held since the top now might be a good moment to take some profits. DO NOT BE GREEDY AND TAKE SOME PROFITS ALONG THE WAY.
Personally taken most of my size on the trade (and intra trades).
Will let it play out for now with stops at be.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constituter financial advice in any form.
Apecoin / Ape analysisApes together strong !? ApeCoin price today is $5.8 with a 24hour trading volume of 340 million dollar. APE price is up 4% in the last 24 hours and 64% up since last month
ApeCoin is a decentralized project inspired by Yuga Labs’ Bored Ape Yacht Club project. ApeCoin was founded to be used within the burgeoning APE Ecosystem, which is supported by the APE Foundation. The ApeCoin DAO aims to build and maintain the APE Ecosystem in a fair and inclusive way, providing an infrastructure for ApeCoin holders to collaborate through open and permissionless governance processes. 6 days ago 0.7% ape supplies (30 million dollar) unlocked and the price hit 4.5$ since then price going up each single day
the first major resistance is 7-7.2$ and if Apes breaks that then 7.5, 7.9 are next targets. If you managed to buy it at 3.5 take some profit too
for traders who has a bigger vision and have longer view 7 and 8 are next targets but for scalpers 6 and 6.3 are the next milestone
ApeCoin and AXS - a race to Zero?People keep asking me "Is altcoins season coming and Which altcoins i should buy now?"
I would tell you that most of the altcoins from previous bull markets seem compromised due to unfavorable tokenomics and a looming overhang of unlocked tokens.
There's a possibility they may never recover, and it's imperative that we identify a fresh narrative for the upcoming generation of altcoins to gain popularity. In the interim, it appears most logical to maintain exposure to Bitcoin.
Crypto VCs are facing significant pressure to deliver returns to their investors.
Although certain crypto VC funds have generated returns ranging from 10 to 20 times the initial investment, others have experienced significant losses, prompting investors to opt for cashing out, even when potential returns were considerably higher.
These VC funds are expected to continue playing a pivotal role as sellers of altcoins and are compelled to liquidate their holdings.
Monitoring the token unlock schedules of these projects can yield substantial alpha, as the anticipated selling pressure is likely to lead to decreased token prices.
ApeCoin APE
As of September 17, ApeCoin is poised for yet another substantial unlock, this time amounting to $55 million, which represents 11% of the total outstanding tokens.
This is significant given the current ApeCoin market cap of $500 million. Since the last unlock on August 17, which involved 4.2% of ApeCoins (equivalent to $21 million), prices have witnessed a sharp decline of -24%. Furthermore, the one-year emission or dilution rate stands at an alarming 58%.
Axie AXS
On October 20, a significant unlocking event is scheduled for Axie Infinity's token (AXS), involving 11% of the total tokens.
Since the previous unlock on July 22, the value of AXS tokens has experienced a notable decrease of -32%. Presently, AXS maintains a market capitalization of $590 million, reflecting a substantial decline of -97% from its peak in November 2021 when it reached $10.5 billion. Additionally, the one-year emission rate stands at 24%.
Hard time for AXS and APE holders
Even though their prices have fallen considerably, it's difficult to envision a significant rally for ApeCoin or Axie Infinity tokens. These tokens are expected to lag behind the broader cryptocurrency market in terms of performance.