APE: Approaching SupportApe Coin (APE) technical analysis:
Trade setup : Trends are improving, although price still needs to break above 200-day moving average (~$1.81) to confirm an Uptrend. But if it does, it could revisit $2.00 or even $2.50 thereafter.
Trend : Uptrend on Short- and Medium-Term basis and Neutral 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 $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
Apecoinusdt
Apecoin / Ape analysisApes together strong !? ApeCoin price today is $5.8 with a 24hour trading volume of 340 million dollar. APE price is up 4% in the last 24 hours and 64% up since last month
ApeCoin is a decentralized project inspired by Yuga Labs’ Bored Ape Yacht Club project. ApeCoin was founded to be used within the burgeoning APE Ecosystem, which is supported by the APE Foundation. The ApeCoin DAO aims to build and maintain the APE Ecosystem in a fair and inclusive way, providing an infrastructure for ApeCoin holders to collaborate through open and permissionless governance processes. 6 days ago 0.7% ape supplies (30 million dollar) unlocked and the price hit 4.5$ since then price going up each single day
the first major resistance is 7-7.2$ and if Apes breaks that then 7.5, 7.9 are next targets. If you managed to buy it at 3.5 take some profit too
for traders who has a bigger vision and have longer view 7 and 8 are next targets but for scalpers 6 and 6.3 are the next milestone
💀ApeCoin💀 Analyze (Road Map)🗺️(10/08/2022)!!!Today, I want to show you the road map of ApeCoin. Let's start with the definition of 💀ApeCoin💀.
What Is ApeCoin?
ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize a decentralized community building at the forefront of web3.
ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO, and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation administers proposals agreed upon by ApeCoin holders.
ApeCoin is making a Double Three Correction(WXY) these months.
ApeCoin is running in wave Y.
I expect ApeCoin will complete the Double Three Correction at the 🎯targets🎯 I specified in my chart.
ApeCoin Analyze (APEUSDT), Timeframe 12H⏰(Log Scale)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
APEUSDT Fibonacci Circle Analysis 5/19/22Using the Fibonacci circle tool we can plot trend lines along bullish and bearish areas
A trend line can be plotted horizontally against the 1.618 level of the middle circle (green dotted line)
This shows an alignment with a bottom point earlier in the coin and where we are now (green rectangle).
2.618 of left and right circles gives us the position and allows comparison (blue)
It can be then drawn from comparison that price is currently undergoing a similar pattern to the earlier blue circle. Which are the same formations just on different scales (the first being a lot smaller)
The similar pattern being a double bottom.
APECOIN prediction, Wave 3 to 40$Hi everyone, #APECOIN #APE is currently printing a Rising wedge, decreasing vol, RSI diverging. The 123% is a top spot to end a Wave 1 and eat all the liquidity (at the limit to confirm a powerful wave 3). Now let's see market maker can reserve us a very nice surprise. I love this Coin !!
The first transaction based on fundamental analysis "ApeCoin"The first transaction based on fundamental analysis "ApeCoin"
Fundamental analysis Very excellent news about the currency and its strong projects
We enter the transaction on technical analysis. Enter from anywhere above the drawn trend line. Stop loss by penetrating the trend line with a full candle 4 hours, body and tails.
target open
APECOIN IS ON STEROID TO THE NORTH.Apecoin has been on steroid since 18th of April. However, the momentum has been massive the past few hours.
This asset is currently resting around FIB23.6 level as support zone. I do believe that this rally may not be sustainable for long.
I am waiting to short this asset from my orange circle spot and I am looking forward to riding it down to where I feel the price is sustainable I.e $13.6 - 13.4 zone.
KINDLY: share your thoughts, comment, Criticise, FOLLOW AND LIKE.
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