🔥APE: is the NEW ATH soon?💫Ape Coin is gaining popularity, as is the entire NFT industry. More implementations, more development and research. Today I will show you the scenarios that seem most relevant to me.
Let's mark two value zones on the chart:
🔶$13.7-14.4 - support for the price, from where the upward movement began.
🔶$17.6-18.35. This value zone should become support for the price. Of course, it is possible to expect a local correction to the $15-16 zone as well, but in the current situation, traders may not let the price go lower.
📊The price broke through the local downward wedge and rose 35% out of 59%. Technically, this pattern worked well and on the test of the $13.7-14.4 value zone and the trend line, it was possible to open long positions. Also, the volumes showed us the break of the trend and the presence of a buyer🐳
The next opportunity for a long trade might be a breakup of the ascending wedge or the return of the price to the second value zone at $17.6-18.35. As I wait for manipulation in the market, it is better to wait for a local correction and a test of the value zone than just make the trades.
🎯Targets:
1. $23 as the target for wedge pattern
2. $28 - key level, ATH
🔥The ascending wedge is a bearish pattern, but in the current conditions, when the price consolidated in the range of $10-15 for a month and a half, I suppose that the whales have accumulated positions and will want to realize their profit. The trigger for growth could be the local manipulation I was talking about. The growth of volumes will show us the big player's🐳 intentions.
Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
APE
🐦APE: MEME LORD tweets again! BUY or SELL?🔶ApeCoin(APE). If you are beginner at the crypto market and this is the first time you see a situation where Elon Musk or some popular person is pamping altcoins, that's fine. They do it often, but how do you make money on it?
📊How is the crypto market different from other financial markets? The crypto market is an unregulated, liberalized market. Manipulation and insider trading are allowed here. Of course, the richest man on the planet takes advantage of that. Just think about Doge, who is up by 200x in 2021. By the way, I talked about Doge, Musk and Twitter in this idea.
😮What should I do in these situations? Should I buy or try to open a short? Friends, I recommend using trading strategies and not playing casinos, especially with all of your money. As we can see, the token pumped for 20% and after Musk's tweet: "...seems kinda fungible" fell by 12%. Volumes are already up by 33% over the daily average. Someone had a good sellout. It is almost impossible to predict whether the price will fall or rise.
🎯About ApeCoin I did the idea a few days ago, the price reached 1 target +12% and almost reached second target close to ATH +37%. Who took advantage of the scenario, he earned.
🔥If it were possible to make money on manipulations, most would be rich by now. What do you think? Is it possible to make money on manipulation or is it a trick? Let`s share your ideas with us!
Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
APE : UPDATED Support and resistance
Now it's on decision again
Wait for next daily candle close for confirmation
For 2Hr timeframe, Look at RSI ,
we can hit this support and bounce up like earlier (small correction)
or we fall lower & do bigger correction ,
(Likely this choice as the targets all hitted)
.
anyways.. always place SL at ur acceptable risk and GL
VECHAIN - Update - Double Bottom 💸Following on from our last post, Vechain has now approached our double bottom level. We are now waiting for clear bullish candles to indicate reversal.
Trade Idea:
- Simply wait for the descending trendline to break with large bodied bullish candles
- Enter with stops below the lows
- Targets: 0.17, 0.28, 0.35, 0.45
Goodluck!
APE detected a Bull Flag Chart PatternAPE detected a Bull Flag Chart Pattern. Just wait for the next 4 hour again, if the candle breakout or hold at 15.1 position, then it will go bullish..
APE/USDT : Bullish exit from triangle triggered - What next?APE/USDT : Bullish exit from triangle triggered - What next?
Previous Analysis :
context :
After the recent Token listing the market is evolving within a classic pause range after an eratic raise right after the listing. APE is already providing 28% of its total supply in circulation with a 26 rank place on Coin market cap with $5,716,251,563
After having 17,50 and confirmed the bullish exit the APE coin is on the road to 22 before 27 even more
Last news : www.tradingview.com
Key Element:
- EMA Support around 17,60
- Auto-similar move and fibo extension 22 and 27
- Key fibo support 14,70
Tactical view
Buy and add in any dip as long as 27 hasn't been reached
Enjoy my Friends !
Support about $12ish on APE?I am only learning and not providing financial advice at all, testing this theory...perhaps we see some upward movement, briefly, before retracing back to about $12ish when we resume pump upward.
I'm still somewhat determined there may be a hidden bullish diversion for longs in APE.
$APE - Who is aping in?Hi Traders,
We've just come across $APE, we would like to share our idea of trend lines, there seems to be a lot of high around it, NFT driven Ethereum Token.
High Volume
High Marketcap
High Supply
High Twitter follower 335k
High Google Search Results "Apecoin"
About 13 300 000 results (0,42 seconds)
Are we looking at a good buy opportunity and long term project or is this just another NFT Token and Metaverse hype?
This is no financial advice, just to share our speculation if anyone has more valuable input please share.
Thank you
#ape #apecoin #trendlines #oppuninty #long
$APE - BoS on 4HR -Long at Order Block *SMT**SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remembers price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equasl Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
APE has been all over the place lately. However, with Smart Money theory, we canb digest where this coin is going next. On the 1 hour time fram it looks as if this is going south. Buit larger time frames Trump smaller ones. The 4 hr time fram has a break of Structure, meaning that the 4 hour candles close higher than the previous highs close. The Wicks do not matter, the closes are what matter. And with the 4 hour closing much higher, this is a bullish sign to the chart. Therefore according to Smart Money theory, we should see a bullish move at the order block which it has just entered. the order block is the last bearish candle prior to a bullish candle that closes above it.
(P.S. I Found a great indicator for Smart Money Markings. Search for "Super Order Blocks / FVG / BOS TOOLS" in the "Indicators" section and that's the indicator, you'll see they've coded exactly how I normally make my charts. I copied the code and changed a few thingas in the codie to my liking and renamed it ICT TOOLS anmd left the original authors of the code in the name)
So it has entered the order block and it can go as far as the bottom, however, it really shouldn't go past the median of the body of the 4 hour bearish candle, which is where the prange box is, in all honesty. If it does it could be more bearish. I do not believe this will be the case. So I'm Longing it here and aiming for the first high just prior the bearish order block.
If you don't feel comfortable with the full take profit area, I have marked 3 price points in which you should be able to safely take a little profit at each one and move your stop loss up each time you hit one of these take profit points here is the chart the the take profit price points
We'll just have to wait and see if I am correct on my assessment
Cheers