Ape coin staking has started but the near future looks bleakApe coin staking started with great success for Yuga Labs and BAYC members. However, the macro economic conditions put additional stress on the Ape coin especially if it leads the members to cash out their stake rewards consistently. It will create consistent downward price pressure on APE. Technicals indicate price action to revisit under $3 again.
APEUSD
APEUSD ❕ under a liquidityAPE is trading under liquidity and a bearish takeover has been formed on the 4H Timeframe at the peak.
Price and the RSI chart have formed a bearish divergence (4H TF) with the indicator itself signaling a shift of initiative to sellers.
The stock is testing 50EMA as support (4H TF)
I expect a fall after the price fixes under the liquidity zone.
APE CAN GO UPPERHello, dear traders. how are you ? Today we have a setup to buy/long the APE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
APE next ResistancesApe has several interesting psychological numbers. The most interesting is a 4.236 expansion to the level of APE $6.236, matching a 0.707 retracement of the top in August ($7.7) to the most recent bottom at $2.6
Let's see what happens at these supply zones. Numbers noted on the left.
Buy APE only when it breaks this level!Here's a quick look at the daily APE chart. As we can see, the price has been in a downtrend for some time now, and the best entry would be when the price breaks back above 4.51$! This will only happen if BTC decides to go north. The current market sentiment isn't bullish, so this setup has a low probability of playing out.
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The idea is: Buy when the price breaks above 4.51$ and take profits at the levels shown in the chart.
Targets:
1. 5.2$
2. 6.4$
3. 7.3$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
APEPERP - It looks weak.The pivot formation is not ready yet. But at the moment you can mark out that the price is trading near the lower boundary of the range, at support levels.
In the near future we might see the price climbing up to the upper boundary of the range. But it's still flat and sideways. If this formation does not hold the current support (2.8-3), the price will fall.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your
your friends.
APEUSDT - Short Setup +68% TPHi 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. Daytime job - Math Teacher. 👩🏫
The entire cryptocurrency market has been trading bearish over the past 3 days and we are seeing altcoins bleed out harder than BTC. This is a short setup opportunity for Apecoin / APEUSDT with a potential upside of 68%.
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APEUSD 8H: 50%+ CORRECTION WARNING(SL/TP)(NEW)Why get subbed to me on Tradingview?
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APEUSD 8H: 50%+ CORRECTION WARNING(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: APEUSD 8hour chart review
::: updated/revised outlook
::: distribution in range / weak chart
::: limited upside / expect dump from HIGHS
::: weakness will last for 4-8 weeks
::: LOG SCALE chart
::: not a great looking chart
::: SYMM Triangle setup / BEARS
::: aggressive FED rate hikes guaranteed now
::: CLEAN REJECTION AT recent highs
::: S/R was re-tested produced WEAK bounces
::: final BOUNCE possible now before DUMP
::: also noteworthy sequence of lower highs
::: recommended strat: SHORT from range highs
::: final TP BEARS is 2.00/2.20 usd
::: 60-65% correction possible next
::: 4-8 weeks in November/December 2022
::: right now no upside in this market
::: position traders should wait for
::: better entry prices later after
::: final PUMP possible into FED to trap BULLS
::: recommended strategy: SHORT SELL RIPS/ RALLIES
::: TP BEARS is +65% gains - near 2.00 USD
::: BULLS stay out until correction is over
::: SWING TRADE: SHORT/HOLD IT
::: correction run not over yet
::: good luck traders!
::: BUY and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION/65%
::: Sentiment short-term: BULLS/FAKE FINAL PUMP
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
APE/USDT - LONG SCALPING----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ #APE/USDT ⚡️⚡️
Client: My-Binance Futures
Trade Type: Regular (Long)
Leverage: Cross (1X)
Entry Zone:
4.657 - 4.527
Take-Profit Targets:
1) 4.829 - 25.0%
2) 4.987 - 25.0%
3) 5.254 - 25.0%
4) 5.426 - 25.0%
Trailing Configuration:
Entry: Percentage (0.5%)
Take-Profit: Percentage (0.5%)
Stop: Breakeven -
Trigger: Target (1)
APE: This Falling Wedge is Brewing up a BreakoutOn the 3-day chart above, we can see that APE is forming a falling wedge pattern that is starting to tighten up. Bullish divergence shows that momentum is positive and price action can shift soon.
I'd say a breakout is expected between now and mid-December.
Invalidated if the lower trend line breaks with a full close.