APE IS VERY BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT 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
APEUSDT
APE Analysis: Seizing Bullish Momentum!Macro PVVM (Long-Term):
The range for Macro PVVM in the last seven days is from -83.65 (minimum) to -21.71 (maximum), suggesting a shift from a strong bearish trend towards a less bearish or possibly bullish trend.
Micro PVVM (Short-Term):
The mean Micro PVVM value is 32.33, indicating a bullish movement in the short term. The range for Micro PVVM in the last seven days is from -3.19 (minimum) to 48.83 (maximum), suggesting a strong bullish movement in recent days.
Key Takeaways:
• Despite the overall bearish trend indicated by the Macro PVVM, recent data shows a possible shift towards a less bearish or potentially bullish trend .
• The Micro PVVM indicates a bullish movement in the short term, especially in the recent week. This could be an opportunity for short-term traders.
• The asset seems to be showing signs of strength, making it an ideal scenario for a long entry according to the PVVM rules.
Trade Idea:
Considering the recent bullish movement and a potential shift in the long-term trend, a possible strategy could be to enter a long position on the asset. However, traders should keep a close eye on the Macro PVVM to ensure that the shift towards a less bearish trend continues. If the Macro PVVM starts to decrease again, it may be a signal to exit the long position and possibly consider shorting the asset.
Price Prediction for the Next 7 Days:
Based on recent momentum, we could expect a potential continuation of the bullish short-term movement to hit $2.53.
BTCUSDT 4H : READY FOR SELL Hi Guys Hope you well,
The uptrend is very weak and I expect to see a good drop in Bitcoin once the price box is reached.
SecondChanceCrypto
⏰19/JULY/23
⛔️DYOR
Always do your research .
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APEUSDT - new trend 20231. price made Trend line breakout
2. local Bullish structure 🐂
3. global Bullish structure 🏁
4. and secret information
news
The minimum price of MAYC NFT fell almost 16% in 24 hours.
Machi Big Brother accumulated 84 Azuki in 24 hours, becoming the second-highest holder of the #NFT series
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📈 $APE Unveiling a Promising Node Falling Wedge Pattern! 🐵📉$APE/USDT has caught our attention with a notable Node Falling Wedge formation. This pattern signifies a potential bullish reversal and presents an intriguing trading opportunity. 🚀💥
Will $APE/USDT break out of the wedge pattern and ascend to new heights? Join the discussion and let's unravel the potential of this exciting cryptocurrency! 📊💬
#APE #NodeFallingWedge #BullishReversal #CryptoTrading #TradingOpportunity #TechnicalAnalysis
#Crypto #Trading #TechnicalAnalysis
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Always do your own research before making any investment decisions. Happy trading! 📈💰"
Remember, trade wisely and manage risk effectively!
ApeCoin Ape price is weak and still down-trendingWhile most altcoins recorded the bottom of the decline on June 10, the APEUSDT price decided to be more "creative" and continue to fall further.
Over the past 3 days, the price of BTCUSDT has grown by +17%, by the way, at this idea we updated target:
And the APEUSDT price has added just +22% since the bottom, which is a very weak result, frankly speaking. Therefore, we don't want to draw super upward arrows that the price will soon grow and give vain hopes.
Now, the first and only task for APE buyers is to create at least some interest around the coin and raise the price to at least $2.90. This level was a strong support for the APEUSD price at the end of 2022, when the BTC price was around $15k (and now the price is twice as high - 30k)
What will happen next with the APE price is difficult to predict, we will need to observe and analyze the dynamics of events in the future. So if you are interested in further analysis of ApeCoin from us, write about it in the comments, and we will analyze the APE price movement more often and published on Tradingview
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Why is APEcoin still in Top 100 Cryptocurrencies?!?!If you haven`t read the APE Coin Growth Thesis:
Then you should know that APEcoin's current market cap of $2.3 billion and its position within the top 100 cryptocurrencies seem overinflated and unjustified. The project's reliance on non-fungible tokens (NFTs) raises concerns about its intrinsic value and utility within the broader crypto ecosystem.
Unlike other cryptocurrencies that offer tangible benefits, APEcoin's NFTs fail to provide significant value. While NFTs have gained popularity, their long-term sustainability and practical applications remain questionable. APEcoin's NFTs lack a compelling narrative or clear use case that would justify its market capitalization.
In contrast to APEcoin, top-ranking cryptocurrencies have solid underlying fundamentals, offering functionalities such as decentralized applications, smart contracts, or efficient cross-border transactions. APEcoin's limited value proposition puts it at a disadvantage in the highly competitive crypto market.
Considering these factors, a market correction or revaluation for APEcoin appears likely. A more realistic price target of $1.04 is in line with its current value and potential market demand.
Looking forward to read your opinion about it.
APEUSDT.1DHello dear friends,
*Mars Signals Team wishes you high profits*
This is a one day time frame analysis for APEUSDT.1D
We are in the daily time frame. As you can see, the price has reached our daily support line and we expect the price to be supported and move towards our first resistance line, and if it can move above our resistance line and stabilize above it, we expect the price to rise to the resistance line. We consider the second. But if the price cannot stabilize above our daily support line and penetrates and stabilizes below our support line, we expect the price to fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
Bullish Harmonic Pattern and RSI Divergence Potential ScalpOur attention has been drawn to the 15-minute chart of APE, which is exhibiting a harmonic pattern and RSI bullish divergence. This could provide a potential scalp trading opportunity. Please note that this is not financial advice and always consider the inherent risks associated with trading.
Idea :
On the 15-minute chart of APE, a harmonic pattern has been detected. These patterns can often predict potential price reversals due to their alignment with Fibonacci numbers, making this an interesting setup to watch.
Adding to the bullish scenario, the RSI (Relative Strength Index) is showing bullish divergence. This occurs when the price makes lower lows, but the RSI makes higher lows, which can often signal an upcoming bullish reversal.
Considering these two technical factors, a quick scalp trade could potentially be executed. Scalping is a trading strategy where small profits are taken regularly to exploit short-term movements in the price. However, remember that while the gains can add up, the losses can as well, and scalping requires a strict exit strategy to protect against potential downturns.
If this setup triggers and you decide to enter, ensure you have a clear stop loss in place and take profit levels defined. This will protect your capital and lock in gains when the price moves in your favor.
This post is for educational purposes only and is not investment advice. Please do your own research before making any investment decisions. Cryptocurrency investments carry significant risk and may result in a loss of your capital.
APEUSDT coin will be in the accumulated rangeAPEUSDT best point of entry between supply zone area as shown in yellow then it will be accumulated between 10% fib to 55% fib level.
We issue prediction after careful analysis. You can enter after doing your own analysis. We are not responsible if company fraud happens. We issue analysis on public demands.
DXY on monthly 20ma resistanceThe dollar is maintaining its value above the "Magic blue line" (377ma offset 233) but now its finding itself on the 20 Month average and I see this as the beginning of a move down to 93$.
I had a previous analysis from higher where it was on a major weekly average and it is playing out nicely so far.
I believe the bearish move resumes here and I am actuvely buying crypto which is showing great bottom potential (check my other charts for those ideas)
Dump dollar, buy gold, buy crypto. That's my sentiment right now.
Good luck with your trades!