TRADE ALERT - Long Ape to 8.10Traders,
This next trade has the potential of 86%+ profit. I have waited very patiently for APE to come down to it’s strong support of $4.29 …and here it is. I believe it’s go time!
Position = APE
Entry = 4.34
Stop Loss = 2.88
Final Target = 8.10
Risk/Reward = 2.5/1
Leverage = 1x
Profit Potential = +86%
Best of luck!
Stew
APEUSD
ApeCoin APE bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
ApeCoin APE is a cypto with a negative overall sentiment recently.
I have the following price targets:
APE/USDT short
Entry Range: $4.70 - 5.10
Price Target 1: $4.20
Price Target 2: $3.50
Price Target 3: $3.10
Stop Loss: $5.90
APE: Support & ResistanceCurrently, APE is starting to form a descending wedge pattern with bullish divergence building up on the 12H.
Local support zones at $4.20 and $3.
If it breaks upward, I'd expect strong resistance around $5.50 - $5.60. If that resistance breaks, then we could see a decent uptrend from there.
Going Short on APEFTX:APEUSD
APECOIN seems to have top-out with the RSI indicator extremely overbought, and now it is pointing down.
It seems to have made a Falling Wedge Pattern, which is a bearish pattern, and about to break to the downside.
I’m going short here, with stop above August 5 highs.
Not a recommendation.
Good Luck to You
APEUSDT 1D Optimal buy and sales zones of ApeCoinThe APEUSDT price reached the lower limit of liquidity zone $7.75-9.20
We are now poorly believed that the APEUSD price will be able to break out above $9.20 from the first time
Therefore, if you have long APE, think about fix the profit at least part in the liquidity zone $7.75-9.20
After all, the possibility of correction up to $4,25-5,25 is quite likely again.
Global target for ApeCoin price growth in the coming weeks/months is in the $14 area
PS:
If you are interested in this coin, then write the comments about it, and then we will make reviews more often.
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APEUSDT: Approved by GucciI haven't posted in a while, due to being somewhat busy with basic liquidity management issues.
I suggest to pay attention to APE.
In the news feeds, it was reported that the Gucci brand has officially added APE as one of the ways to pay for its products.
Considering that APE was added to the exchanges relatively recently, and as such there has been no pumping of the coin (not considering the interesting tokenomics), there could very likely be a very sharp acceleration in growth.
Technical aspects of the price point to the possible end of the mid-term consolidation and the emergence of some initial impulses as part of the mid-term wave C.
I have already opened long positions on APE, closing them in profit.
At the moment I plan to actively buy with the aim to hold the position until the renewal of the historical maximum.
The final level of completion of the bull rally (if activated) is unknown and could either end at around $50 or reach higher values above $200.
AT Cryptoscan: APE-ing the APE ?APECOIN ( APEUSD or APEPERP) appears to have broken out of its second consolidation.
The Weekly chart is a tad limited, but observable that it is less than a quarter from the high. Also noted that it recently made a significant dip to almost 3, and consolidated.
The Daily chart shows more intricacy with consolidation triangle broken out of on 18 July at about 5.00, after a bullish MACD divergence. It was VERY obvious then.
There after, some upward consolidation, and a resistance at 7.00.
Today, APE broke above 7, and what remains to be seen is how much more or how long it can hold above 7. Technical indicators have yet to crossover although price has bounced off the daily 55EMA (a bullish thing). Momentum and price performance, thus far have been well with APEUSD performing over 10% for the first half of the day.
Given what little there is of the weekly chart, it does look like APE has some technical potential. Stands out from the rest at the moment although it might be a tad late in the game. Watch the pullbacks for better entries...
APE APECOIN LONG 20880802Signal: Yellow -> Lime, waiting
or
Breaks the Neck Line
APE, APEUSD, APEUSDT, APEUSDTP, CRYPTO, CRYPTOCURRENCY, APECOIN
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
APE: Rising ChannelQuick update on APE. As most of you know, ETH has been leading the crypto market in the last week or two, which has pumped some altcoins 100%+.
There has been some bullish news lately, such as GUCCI accepting APE for payments, and headlines such as, "One of the Richest Ethereum Whales In Existence Accumulates Polygon, APE, Sandbox..."
If APE is able to break heavy resistance between $9 - $10, then we can expect to see at least another 20% - 30% gain beyond that.
This idea is invalidated if it closes below the rising channel.