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Apecoin

APE Apecoin: 1H Chart ReviewHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Apecoin (APEUSD). Apecoin is inside a descending channel. Keep an eye on the RSI. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
FTX:APEUSD
by MillionaireEconomics
2
GREEN BOX MUST HOLDThere's a couple things on APE im seeing: Since there isn't much price history for this we can really only analyze it on the smaller timeframes. And even then, not much price history so a lot of APE analysis you see, including mine, could likely be a shot in the dark. 1) We have set a lower local low. If we set a local lower high then the previous uptrend is now done. 2) We have flipped the up trending zone of support to resistance. Not a great sign. 3) We have broken the ema ribbon and ichimoku bearish. 4) The green box has to hold as support or else we will likely move to $9 5) I would be careful with this coin. It is extremely new and has already surpassed a lot of coins in terms of market cap. In my opinion, the confidence in this green box isn't high. This is not financial advise and always remember to do your own research before entering a trade.
COINBASE:APEUSDShort
by MarketM8ker
APECOIN (BAYC NFT) Potential Long Set UpThis NFT token/coin went from less than $7 to $17 in a mere several hours after its listing on major exchanges. $APE has retraced back down to the 0.236 level and may even retrace lower due to the volatility and usual price action of such coins. A cup and handle formation is forming or; past tensed; formed and cup and handle formations usually indicate price movement whether it be downward or upward, in this case, the latter. WARNING!!! This trade setup is a very risky one and if anybody does decide to enter it please use 1% of your capital, 3% max. there aren't enough candles for me to properly analyze this coin but as for myself, I will be entering a long position once the price goes drops to the indicated prices under the long position tool. Entry Targets: 12.27 - 14.50 TP: 15.18 - 16.08 - 16.54 - 17.14 - In the scenario, it keeps going up for "unknown reasons" keep it running as a free moon bag! SL: 12.10
Long
by yoyokenwan
New ApeCoin Crypto Analysis on Consolidation and Price ActionApeCoin (APE), one of the newest cryptocurrencies to launch on the Ethereum blockchain, already ranks in the top 100 cryptos by market capitalization. However, since the APE token was only launched on March 17, we have limited historical price data to assess the market sentiment. However, even a smaller historical price data sample can tell a story of what’s happening behind the curtain. Price Consolidation After reaching an all-time high of $28.00 on the day it was launched, APE's price pulled back and is now consolidating between the $16.50 - $9.50 range zone. Short-term, within this price consolidation, we can see some upside pressure. Up from the $9.50 support level, APE's price is trading within an ascending channel, with the price making a series of higher highs followed by a series of higher lows. Additionally, the RSI oscillator broke above the 50 mid-level to signal a strong bullish momentum behind the move. On the daily chart, we also have the potential of developing the 3 white soldiers pattern, which calls for a continuation to the upside. Looking forward: While the $10.00 psychological level holds the ground, the bulls have the upper hand. At the same time, a clear breakout above $16.50 can open up the door for a test of the next resistance, namely $20.00 followed by the all-time high of $28.00.
by cryptohopper
APE COIN correction before more gain Based on the chart, the price become close to trend line and the support area if the price do not break the trend line to the downside, we can see more gain from here 🚀 but if the price breaks the trend line to the downside, we can expect more gain from our lower support levels and the round number ($10) support's 🚀🚀 this coin has wonderful potential and fundamental sign for gain 📖 Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
by MadWhale
6