APEUSDT
ApeCoin Jumps 10% Following 'Dookey Dash' Free-to-Play GameApeCoin, the esteemed token of Yuga Labs' Bored Ape Yacht Club (BAYC) ecosystem, witnessed an exhilarating surge of over 10% in the wake of the highly anticipated announcement: Dookey Dash, the BAYC-themed game, is set to launch a revolutionary free-to-play edition. The market responded with resounding enthusiasm, propelling ApeCoin ( FWB:APE ) to a current trading value of $1.58, marking a remarkable 10.1% increase in the past 24 hours and a substantial 17.9% surge over the week.
The Unveiling of Dookey Dash's "Unclogged" Edition:
The catalyst behind this meteoric rise was the revelation of Dookey Dash's new "Unclogged" edition, a move that opens the floodgates of public access to this captivating endless runner game. Notably, Dookey Dash was previously an exclusive delight for holders of Bored Ape Yacht Club's Sewer Pass NFTs, but the paradigm is shifting as Yuga Labs introduces a more inclusive gaming experience.
The Implications for ApeCoin Investors:
For ApeCoin enthusiasts and investors alike, this development is more than just a surge in token value; it signifies a new era of accessibility and engagement within the Bored Ape Yacht Club ecosystem. With Dookey Dash breaking free from its NFT constraints, ApeCoin holders now find themselves at the forefront of a burgeoning wave of opportunity.
Unlocking the Gates of Mainstream Adoption:
The move towards a free-to-play edition of Dookey Dash not only democratizes access to the game but also lays the foundation for increased mainstream adoption of the Bored Ape Yacht Club ecosystem. As more individuals join the Dookey Dash community, ApeCoin is poised to become a symbol of innovation and inclusivity within the rapidly evolving world of blockchain gaming.
Community Buzz and Social Momentum:
The announcement has ignited a palpable buzz within the ApeCoin community and the broader cryptocurrency space. Social media platforms are abuzz with discussions on how this move could potentially redefine the landscape of blockchain-based gaming and influence the future trajectory of ApeCoin.
Closing Thoughts:
As ApeCoin continues its upward trajectory, fueled by the excitement surrounding the free-to-play edition of Dookey Dash, the investment landscape for crypto enthusiasts has never been more compelling. The launch of the "Unclogged" edition not only amplifies the utility of ApeCoin within the Bored Ape Yacht Club ecosystem but also positions it as a dynamic player in the larger narrative of blockchain gaming innovation.
In the ever-evolving realm of cryptocurrency, the surge in ApeCoin's value is not just a numerical gain; it represents a transformative moment, urging buyers to seize the opportunity and become part of a community that is shaping the future of decentralized entertainment. As the journey of ApeCoin unfolds, one thing is certain: the excitement is just getting started.
APEUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: Market and lower
Targets: 2 - 2.3 - 2.6
Stop: under 1.25 (depending of ur risk).
RR: 1 to 3
ALWAYS follow ur RM.
risk is justified
Good luck everyone!
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APE/USDT bullish horizons from demand? 👀🚀 APE Analysis💎 Paradisers, turn your attention to #APEUSDT, which is showing signs of a noteworthy shift from a vital demand level.
💎 Currently, #APE is charting an upward path, hinting at a potential bullish breakout from its current demand zone. We're eyeing a retest of the demand level around $1.292 before it resumes its ascent. Should #APE maintain its ground above this threshold, it sets the stage for an advance towards the significant supply zone at $2.906.
💎 However, should #ApeCoin struggle to hold above the $1.292 level, it may call for a strategic reassessment. In this scenario, we'd consider the possibility of initiating a bullish movement from a lower demand level at $1.137, which holds substantial liquidity.
💎 Monitoring this level is imperative, as breaking below it could trigger a pronounced bearish trend.
APE: Approaching ResistanceTrade setup : Following a bearish breakout from a Channel Up pattern and below 200-day moving average, price could signal bearish trend reversal near-term with downside risk to $1.00.
Pattern : Price was trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $1.00. The nearest Resistance Zone is $1.50 (previous support), then $2.00.
APE: Channel Up BreakoutTrade setup : Bearish breakout from a Channel Up pattern could signal bearish trend reversal near-term with downside risk to $1.00.
Pattern : Price was trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $1.00. The nearest Resistance Zone is $1.50 (previous support), then $2.00.
APE: Channel Up BreakoutTrade setup : Bearish breakout from a Channel Up pattern could signal bearish trend reversal near-term with downside risk to $1.00.
Pattern : Price was trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $1.50, which it broke, then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
#APE #Technical #Analysis #VIP #Eddy#APE #Technical #Analysis #VIP #Eddy
The analysis is on request and I made the chart for you in an educational way. Please also pay attention to the following explanations:
The green line that I specified is a PRZ point, which has become a static support and has a lot of power. Also, let's look at the multi-time frame with ICT and RTM tricks. And in Pullback, FTRs can also be triggered. Classically, our PRZ point has a very beautiful double bottom, the time frame is daily, the stops are not logical, the entry point and the trading stop are excellent, look for the entry trigger in the lower time frame. Please do not log in without getting confirmation and do so at your own risk. This analysis is suitable for traders, if you don't know how to trade and manage capital and risk, this analysis is not suitable for you.
The World Let it be Remembered...
Dr. #Eddy Sunshine
1/3/2024
Happy New Year <3 Enjoy ;-)
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern.
Swing traders: can enter near Channel support trendline (~$1.70) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.70) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern.
Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
#APEIt is moving in a downward trend, which in case of support in the specified area in the higher time, this movement can continue up to its major ceiling. Currently, a corner pattern has been formed that this compression can be broken from above, which in case of failure, as mentioned, can continue its growth up to the specified range. In addition, if the candle closes below the range, this analysis will be invalidated.
Ape Hi,
Buy on green
Sell in Red
Bye
Disclaimer: Important Trading Disclaimer
The content and ideas shared on my account are for informational purposes only and should not be considered as financial advice. Trading involves risks, and decisions to buy or sell financial instruments should be based on careful consideration of your own financial situation, risk tolerance, and investment objectives.
APE: Channel UpApe Coin (APE) technical analysis:
Trade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend. (set a price alert).
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.