APEUSD
APE - Updating historical lowsAs it is very volatile market today, be careful with volume.
Following my last idea on APE we can continue to short, since now the situation became even better.
⭐️ BTC bearish
⭐️ Trend is bearish
⭐️ Today FED releases inflation predictions
⭐️ Historical low on futures
⭐️ Buyers are weak, if there won't be a strong pulback, it will be a good idea to short new low
⭐️ Under VWAP
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
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
APE Coin - Caution Here! H&S Spotted on the 4hr.Traders,
In my last post I was extremely bullish on APE coin. I had a target of $20+ and we reached and exceeded that target easily. If I was in that trade, I would have sold ALL and taken my profits at that point.
I continue to receive requests for my analysis on this coin. Unfortunately, you all are prolly not gonna like what I have found here.
Let's jump into the charts!
- Stewdam.us
I don't like APE's, short opportunity after finishing wave 5APE is most likely going 200+, it sounds stupid i know. I'll show you in a later post why.
But for now here's a short setup coming.
Ps. don't have to short there, ill just be monitoring the breakout and shorting the first rejection near those levels on the 15.
APECOIN - Massive POTENTIAL In A Volatile MARKET!Hello Cryptocurrency Community,
Welcome to this pivotal analysis about APECOIN / APEUSD on the daily timeframe perspective. The Cryptocurrency Market is going up and down with many altcoins being volatile in their ranges. In such market developments, it is necessary to pick those setups that have potential to move forward and look to the underlying factor. APECOIN /APEUSD was also a coin we executed great profits in the Elite VIP Channels in these recent volatilities. Now as APECOIN pulled back it is still having potential given on a broader scale. Therefore when looking at my chart we can watch there that after these massive volatility spikes APECOIN now moved on to dip and test the lower boundary of the paramount symmetrical triangle again where it has solid supports within. Once APECOIN manages to appropriately bounce in this section and continue to complete the whole formation this will offer the setup for further expansions and the wave C of the huge wave-count will emerge as it is marked in my chart. Furthermore, APECOIN has a Stochastic RSI signal as marked in my chart and once the whole symmetrical-triangle-formation together with the broadening wedge, which is the second additional simultaneous formation forming have been completed the first target will be within the 36 USD level, once this level has been reached and APECOIN can hold its pace the full technical target will be the 60 USD target. It will be an interesting movement ahead and remember that not every coin is building such formations, therefore it is crucial to look at the gainers within the market which is the philosophy of our Elite VIPs.
In this manner, thank you for watching the analysis, all the best!
"Good fortunes come when opportunities meet preparations."
Information provided is only educational and should not be used to take action in the markets.
$APE bottom in? APE CHAIN?The next NFT frontier for the apes, APE CHAIN .
Could $APE launch itself to compete w/ $BNB? It all depends on how heavily invested/serious they are in building an actual metaverse to reality. Looking at the founders of the coin, how $APE is now a payment currency on open sea , and how most metaverse projects are having trouble launching, I’m afraid $APE is a buy the rumor, sell the news type of coin for now.
Would recommend getting on ape now at ~$17
Long based on speculation that other people will ape their $ to fund a potential leading metaverse project. Whether or not it delivers is irrelevant to making a profit given the strong community in the NFT space.
More on the technicals:
$APE looks like it might bottom out here around $17 from a bull div on the 2HR and moving away from a state of mean reversion since the high of $27. The BBWP indicator has yet to confirm the end of the volatile move but I speculate it will give consolidation soon as more APEs pause redeeming land deeds as they get sold out or wait for gas fees to come down to more reasonable levels. Once we get a rally, expect resistance at ~$20
The key points of confluence for the bottom:
Wave 3 PoC
0.5 fib retracement of Wave 3
1.272 fib extension of Wave C of ABC pattern on Wave 4
The token distribution looks fair, though I would remain cautious of any possible scam wicks given how normie-friendly this coin is. If we break the $16.6 low, there is a 50/50 chance of visiting the white trend line at ~$12.
Trade :
Long
Entry: $17.5
TP: $20, $24, $34, Delivery of Metaverse Project
SL: $15
$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