APEUSDT
APE CAN GO UPPERHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the APE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
APE: Major Weekly Trend Line BrokenAPE has been trading below this major trend line since May 2022. As we can see on the weekly chart, APE has finally broken through the trend line and has reached the first resistance zone between $5.00 - $5.25.
Assuming the bullish momentum continues in the coming weeks, the next major target would be $6 - $6.25.
Invalidated with a break below the trend line.
APE: Approaching ResistanceApe Coin (APE) technical analysis:
Trade setup : Following a bullish breakout from Channel Down pattern and above $4 resistance, price reached our estimated target of $5 (resistance). Now we wait for 1) breakout above $5 to indicate continued uptrend, or 2) pullback near $4 support for a swing entry.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $4.00 (previous resistance), then $3.00. The nearest Resistance Zone is $5.00, then $6.00.
Bear flag or revival pattern?I've been asked to analyse APE so here it is my point of view.
This seems a lot a bear flag, I don't think it could be a revival triangle pattern because volume is lowering, because I don't think market has bottomed and because I would have expected a left side of the triangle to be created from bottom to top and here is the opposite.
My opinion is that this is going to dump, you can see my two levels where price could slow down inside the flag. As price has bottomed I used Fib extension to see what could be the next bottom: and it is around 1 USDT
If you wanna attempt a short it's likely the best two entries are gone:
you could try to enterer around 4.9 USDT if price gets back there.
Good luck
ApeCoin APE price has good potential for growthIn recent days, the APEUSDT price has started to grow quite well, but the trading volumes are far from those that were six months ago.
Now the ApeCoin price hit a fairly wide liquid zone and could not pass it the first time. Well, this is logical, because in the liquidity zone of $4.25-5.25 there will be many people willing to sell their APE.
Therefore, we believe that in the coming days the APEUSD price will slightly correct downwards to gain strength for a new breakout impulse upwards. The strength of the buyers will be confirmed if the correction is not much below $3.50
If we look at the APEUSDT price chart "globally", we can assume that an "Inverted Head and Shoulders" trend reversal pattern is probably forming now
The target of $6-6.50 for APE in the next 1-1.5 months is more than realistic.
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ApeCoin (NFT) is pumping thanks to Donald Trump! (massive)
APE coin looks very strong at this moment, also thanks to President Donald Trump and his NFT collection. That is also great news and an important catalyst for the NFT coins, such as the APE coin.
APE coin is currently breaking out of the falling wedge pattern on the daily chart! The main downtrend wave has been completed, and now we are looking for a bullish retracement.
How far could the APE coin go? Well, I am personally selling APE coin at the strong resistance, which is the 0.618 FIB or monthly resistance + GAP (10.5 - 11.3). My entry price is 4.112.
I share my trades privately. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing.
From the Elliott Wave perspective, unfortunately, this coin still looks pretty weak. We can spot two corrections: wave 2 and wave 4. This appears to be an impulse wave, implying significant selling pressure and the possibility of another major crash in the future.
APE is a great coin to trade on the futures market because it's highly liquid and there are a lot of opportunities. You can short APE at the 0.618 FIB, and this is exactly what I am going to do later!
The crypto market is very bullish at this moment, so I am not shorting anything and am only going long.
Thank you, and for more ideas, hit "Like" and "Follow"!
APE/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this APE/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Apecoin (APE) was another big mover in today’s session, extending recent gains to a fifth consecutive day.
Following a low of $4.50 to start the week, APE/USD raced to an intraday peak of $4.98 earlier in the day.
The move pushed apecoin to its highest level since November 5 and came following a breakout of a price ceiling at $4.60.
As a result of today’s surge, the RSI on the APE chart is now at its strongest point on record, with a reading of 79.09.
This means that prices are now deep in overbought territory, which could mean that bears are preparing for reentry.
Despite this potential reversal, bulls are seemingly still targeting a ceiling at $5.30, which hasn’t been hit since October 11.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
APE - Take Some Profit Next Week I'm not fudding $APE, its one of only 5 altcoins I own. But I think its gonna wreck late / FOMO buyers later in January or February after the mint.
High staking emissions; hype growing like repeat of Otherside when APE dropped >80% in the 5 weeks after. Yuga vesting also unlocks in March.
Be careful, take some profit.
APEUSDTHello dear friends
On the daily time frame, the positive divergence of the RSI with the downtrend line has created a bearish wedge pattern for us. Until the $5.584 range is fully consumed, the bullish outlook is weak.
But if the range of $2.618 is maintained, we can hope for the completion of the wedge pattern.
On lower timeframes, the drawn bearish scenario is very likely. However, if the range of $2.618 is maintained, the possibility of a bullish scenario will also be strengthened.
We would be happy to hear your comments
APE: Channel Down BreakoutTrade setup : Bullish breakout from Channel Down pattern and above $4 resistance, which confirm the channel breakout and price could revisit $5 next. (set a price alert).
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $3.00. The nearest Resistance Zone is $4.00, which it broke, then $5.00, and $6.00.