Going Short on APEFTX:APEUSD
APECOIN seems to have top-out with the RSI indicator extremely overbought, and now it is pointing down.
It seems to have made a Falling Wedge Pattern, which is a bearish pattern, and about to break to the downside.
I’m going short here, with stop above August 5 highs.
Not a recommendation.
Good Luck to You
APE
Ape short - Beatiful formation Reasons to take short:
⭐️ BTC bearish
⭐️ Dominance bullish
⭐️ 3rd touch
⭐️ Nicely squeezing to the level
⭐️ Level is 2 days old
⭐️ 36 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
AMC Next stop @ $33 APE STRONGAMC Next stop @ $33 APE STRONG
Think were headed up to $33 with Ease...
Might have a pitstop, probably due to a halt @ $33 where afterwards we form the handle and curve to the moon for crayons! IMO Not Financial advice If Everybody bought in, what could the hedgies do? ABSOLUTELY NOTHING HUUU LOL GOOD LUCK SEE YOU ON THE MOON FOR MOASS
GME Long Term Mega FlagWe have before us an ordeal of the most grievous kind. We have before us many many long months of struggle and of suffering. You ask, what is our goal? I can say: It is to wage war, by buying, holding, and then buying again with all our might and with all the strength that God can give us; to wage war against the shill and suits that bend us over everyday, never surpassed in the dark, lamentable catalog of human crime. That is our goal...
GME has been the most frustrating, Challenging, and possibly the biggest trade I've ever been in. That being said my conviction has never been stronger going into the rest of the year (Especially the short term outlook)... NFT market place, Stock Split Dividend. I'm adding to my position every week because I can. Nothing but time costs me to hold my shares, we will be on Banana Planet sooner than you think.
I currently expect a continuance of bullish price action going into the split dat of the 21st, then a slight dump back down into support right before we make our final ascent into the atmosphere on the journey to Banana Planet :Price target $420 (Post Split) $1700 (Pre Split)
Good luck to all my Apes, and to the Shill Shorts...I hope you get out before we burn your positions to the ground.
AMC - APE stock splitSo AMC decided to do a clever trick and take advantage of the hype coming back into stocks and even meme stocks. Retail traders have taken a hit, with many retail-heavy companies like Gamestop, Coinbase and Robinhood, etc., taking massive hits. However, GME has been doing well, COIN doubled off its lows, and HOOD looks decent.
As stocks are bouncing and the bull could be back, AMC decided to do an intelligent stock split by issuing new preferred stock they can sell. They named it APE, like the Apecoin, a popular NFT-related token, which could create a lot of hype around it. Essentially, it is a trap for retail to go and buy APE without hurting the price of AMC as much and allowing the company to raise the cash it needs. Last year, AMC dumped all of the company shares onto retail on the way up and raised 2B dollars that it has essentially spent and needs fresh cash as it still has a lot of debt. At the same time, they made this look like an airdrop, and it is like an airdrop, but one in which the company controls the majority of the shares.
The company's price looks pretty good regarding TA, as it bottomed nicely. First, it had an 86% correction, which means the entire bubble popped, and there is no froth in the market. It retested some key levels and then reclaimed some key support levels. Since May, it has essentially been in accumulation mode, and today we had the confirmation of the breakout, as the market initially gapped down and then had a massive rally. In my opinion, this rally could last for a while, with the price increasing to 50-60$ before it goes back down again. It wouldn't be surprising if we saw the market go up for the next two weeks and top close to the date of the airdrop/split (22nd of August).
GUCCI now accepts APECOIN 🚀Hi Traders, Investors and Speculators📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Great news for the cryptocurrency community, Italian luxury fashion house Gucci announced that it now accepts ApeCoin (APEUSDT) in a Thursday Twitter announcement last week. Gucci customers are able to pay with the help of a QR code that gets sent to them via email. They announced via tweet that they are now accepting ApeCoin payments via BitPay. Select Gucci boutiques in the USA expand the range of cryptocurrencies available for in-store purchases, yet another step in the Gucci House’s exploration of Web3. For the first time ever, holders of this crypto currency will be able to buy physical goods with the coin that was derived from the BAYC economy.
This is bullish news for APEUSD, and for the crypto community as market adaptation and reach will increase. The more participants a market has, the more stable and less volatile it becomes. Think Gold , bonds etc.
While you're here ! Check out this update on Ethereum ETHUSDT :
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APE - Scalp longReasons to take short:
⭐️ BTC bullish
⭐️ Squeezing to the level
⭐️ Accumulation 5 days
⭐️ Level is clearly seen on daily timeframe
⭐️ Buyer is pushing the price
⭐️ Over VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
APEUSDT 1D Optimal buy and sales zones of ApeCoinThe APEUSDT price reached the lower limit of liquidity zone $7.75-9.20
We are now poorly believed that the APEUSD price will be able to break out above $9.20 from the first time
Therefore, if you have long APE, think about fix the profit at least part in the liquidity zone $7.75-9.20
After all, the possibility of correction up to $4,25-5,25 is quite likely again.
Global target for ApeCoin price growth in the coming weeks/months is in the $14 area
PS:
If you are interested in this coin, then write the comments about it, and then we will make reviews more often.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
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APEUSDT: Approved by GucciI haven't posted in a while, due to being somewhat busy with basic liquidity management issues.
I suggest to pay attention to APE.
In the news feeds, it was reported that the Gucci brand has officially added APE as one of the ways to pay for its products.
Considering that APE was added to the exchanges relatively recently, and as such there has been no pumping of the coin (not considering the interesting tokenomics), there could very likely be a very sharp acceleration in growth.
Technical aspects of the price point to the possible end of the mid-term consolidation and the emergence of some initial impulses as part of the mid-term wave C.
I have already opened long positions on APE, closing them in profit.
At the moment I plan to actively buy with the aim to hold the position until the renewal of the historical maximum.
The final level of completion of the bull rally (if activated) is unknown and could either end at around $50 or reach higher values above $200.
AT Cryptoscan: APE-ing the APE ?APECOIN ( APEUSD or APEPERP) appears to have broken out of its second consolidation.
The Weekly chart is a tad limited, but observable that it is less than a quarter from the high. Also noted that it recently made a significant dip to almost 3, and consolidated.
The Daily chart shows more intricacy with consolidation triangle broken out of on 18 July at about 5.00, after a bullish MACD divergence. It was VERY obvious then.
There after, some upward consolidation, and a resistance at 7.00.
Today, APE broke above 7, and what remains to be seen is how much more or how long it can hold above 7. Technical indicators have yet to crossover although price has bounced off the daily 55EMA (a bullish thing). Momentum and price performance, thus far have been well with APEUSD performing over 10% for the first half of the day.
Given what little there is of the weekly chart, it does look like APE has some technical potential. Stands out from the rest at the moment although it might be a tad late in the game. Watch the pullbacks for better entries...