ape preparing for move towards 4$seems like bottomed out has already conformed and getting ready for massive bullish rally
formed text book descending channel and testing trendline expecting massive breakout soon and incase of successful breakout expecting solid recovery in midterm
incase of successful breakout expecting move towards 4$
APEUSDT
APE/USDT Had an Explosive Bullish Run | What's Next?💎Yello, Paradisers! shift your focus to APEUSDT! It's currently positioned within a strategic trading zone, hinting at a potential adjustment due to the looming supply zone above.
💎In the past few days, APE has been charting its path within this trading channel. Indicators suggest a high probability of an impending correction. Importantly, APE has consistently maintained a significant resistance level at $1.306, facing rejections on two distinct instances.
💎Yet, there's an additional supply zone ahead with an untouched OB. If APE sustains its current bullish drive, it could approach the above supply zone and then go for a correction.
💎Hone your trading strategies for Apecoin with ParadiseFamilyVIP. Delve deeper into our expert perspectives on APE and other potential coins, enhancing your crypto journey.
APEUSDTAPEUSDT is trading in bullish parallel channel, and created Head and Shoulder pattern at strong resistance area. And a massive sell rally break the neckline of HnS pattern. any successful retest of broken level will be nice option to sell.
if the sell pressure continues, the next target could be the back to lows at 1 region.
What you guys think of this idea ?
APE/USDT Fibonacci support /resistance levels (log chart)
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#APE: A Gateway to Promising Returns in the Upcoming Market!"In the vast landscape of the daily time frame, #APE has been navigating through the twists and turns of a descending channel for a significant 269 days. It's a journey that's kept both bulls and bears on their toes.
To ignite a potential surge, the bulls face a formidable challenge: breaking free from the grip of this descending channel. It's a pivotal moment that could unlock the door to significant movements and set the stage for an exciting chapter in #APE's story. The crypto world awaits with bated breath for the outcome!
In the realm of the 12-hour time frame, we find ourselves on the cusp of something extraordinary—a potential APE breakout from the clutches of a falling wedge pattern. Yet, we're not in the clear just yet; a confirmation candle stands as our sentinel on this thrilling journey.
Adding to the intrigue, the RSI chart unveils a captivating bullish divergence, hinting at the dawn of something remarkable. What's in store? Well, according to the pattern's technical script, we can anticipate a whopping 75% bounce, leading us toward the alluring resistance levels of $1.49 and a tantalizingly close $1.8. It's an adventure that promises both challenge and reward and the crypto world beckons with excitement!
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
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 $BITSTAMP:APEUSD!
APEUSDTBINANCE:APEUSDT Long idea
I think APE is ready for a 35% pump, but I want to see a retest at 1.178
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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APE failed to buy bull first.APE failed to buy bull first.
After being continuously sold out in the NFT and Token market,
APE is having consolidation volume at the price range of 1.xx$
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.
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...
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.
APE/USDT is All Set For Bullish Drive | ApeCoin Analysis💎Paradisers, get ready for some action! APE/USDT has just burst through a descending triangle in the 4H timeframe, priming itself for a likely bullish eruption.
💎Just a few days ago, APE skillfully engaged with a bearish Order Block (OB), set matching highs, and embarked on a downward path to tackle the bullish OB and capture buying liquidity.
💎If ApeCoin continues its upward trajectory through the triangle's apex, it's set to target the impending supply zone.
💎Yet, let's remain cautious of the unpredictable market conditions that could alter the game at any moment. We're optimistic about the chances of the price making a return trip to the supply zone, courtesy of lingering liquidity.
💎Keep your charts fresh and stay tuned for more crypto updates! Happy trading, Paradisers! 🌴
This is NOT a wise trade! But I had to...Traders,
Against my own advice, I purchased APE here. Sometimes, you just have to trust your gut. My gut tells me that APE is due for a pump soon. Look at that hidden bullish divergence on the RSI!
Position = APE
Direction = long
Entry = 1.89
Stop Loss = 1.573 or drop below RSI TL, last one wins
Take Profit(s) = 2.873
Risk/Reward = 3/1
Leverage = NONE
Profit Potential = 2x
Best,
Stew
#APE/USDT 1D (ByBit) Small falling wedge near breakoutApeCoin just printed a morning star, reversal towards 100EMA seems around the corner, at least short-term.
⚡️⚡️ #APE/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.6X)
Amount: 5.1%
Current Price:
1.888
Entry Targets:
1) 1.885
Take-Profit Targets:
1) 2.458
Stop Targets:
1) 1.598
Published By: @Zblaba
NYSE:APE #APEUSDT #ApeCoin #NFT
Risk/Reward= 1:2
Expected Profit= +79%
Possible Loss= -39.6%
Estimated Gaintime= 4-6 weeks
apecoin.com