APEPERP trade ideas
ape/usdape did what i expected.
eliot waves tells us a reversal is in the making=> soon bullish price action .
13 dollar ---> 30 dollar price target
dyor/nfa
APE COIN - Key Level is the 17,75$ 🍌🦍Apes Together Strong (and a bit of Monkey business as always):
ApeCoin (APE) announced its integration with Ethereum (ETH) sidechain Polygon after the recent Yuga Labs’ Otherdeeds nonfungible token (NFT) minting incident that led to speculation on a new chain for APE.
On Sunday, Yuga Labs, the creators of the Bored Ape Yacht Club NFT collection, opened the minting for Otherdeeds NFT land. The drop gained overwhelming support from its community, with an estimated $300 million in sales. Despite this, the drop encountered a list of issues such as pushing ETH gas fees to unprecedented highs, making users pay around 2 to 5 ETH for gas.
Because of this, users that failed to mint NFTs but still paid ETH gas fees were outraged and expressed their frustration through Twitter, with some even tweeting that they are pulling out of their APE-related investments.
While Yuga Labs promised to refund their gas, some users began to speculate that the failure was a planned marketing stunt, highlighting a problem, then announcing a new chain for APE. However, an ApeCoin decentralized autonomous organization (DAO) representative denies this.
ApeCoin DAO Board Member Yat Siu clarified that this is not the case. While Yuga Labs encourages the DAO to think of migrating to a new chain, Siu noted that there was no discussion among the DAO's board members nor with other parties about the possibility of an APE chain.
Despite the clarification, some are not convinced and are still unhappy about the results of the event. Twitter user MetaMan said that the facilitators of the event should simply admit that they messed up and that it was a bad idea.
ps. Our Fibonacci worked miracles so far..we don't think it will let us down this time either
One Love,
the FXPROFESSOR
APE-USD - Bullish Falling WedgeThe chart speaks for itself.
Extremely oversold, over a -50% drop from the exuberant ATH just a few days ago. We're in for a huge run back up as the sellers are exhausted.
Also, bullish falling wedge.
APE longdon't usually post top tier shitcoins here but worth a long at this area.
-20% on the day, hit off 0.618 on the pitch fan, why the hell not.
worth even a small long considering the volume on exchanges atm for this coin and a bounce thats bound to happen. keep your stops tight and happy trading folks.
more of a gamble than anything else so take this as you will
pitchfan pivots incase anyone wants them
#1 9.5280 - 20
#2 15.5845 - 63
#3 10.5000 - 121
Support about $12ish on APE?I am only learning and not providing financial advice at all, testing this theory...perhaps we see some upward movement, briefly, before retracing back to about $12ish when we resume pump upward.
I'm still somewhat determined there may be a hidden bullish diversion for longs in APE.
Hidden Bullish Divergence APEStill long, we are holding above support, barely by a thread at the monthly close of Ape's first month of existence. Swing high little monkey.
Short at prior days high worked out on APEinstead of shorting a weak market like UNIUSDT it was more profitable to short the APE coin that was a high performer last month
learning trend crayons, the buy and sell indicators at the bottom are divergent, and in this market being a new crypto may crater to 10-11dolla. level as we hustle and bustle!
im new and studying everyday! /cheers!
Still in a strong uptrend. Expecting another strong move upNot much explaining needed. Huge demand + hype will make this one pop. Any break under the trend line is a buying opportunity
Ape Crypto Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Two volatile markets this week: APEPERP and Heating OilWith the simply strategy to buy above prior days high (or on a long on a bar that traded below prior days low) then holding with a 2 hourly bar trailing stop, both APE and Heating Oil had nice long trades
At least on heating oil we saw friday a reversal to a nice short move.
KAVA and BNB already had such a reversal at prior days high but APE seams to stay long...
Anyway I will scan both crypt and futures screener to trade the markets with most weekly gains on the LONG and SHORT side tihe the PRIOR HIGH/LOW strategy on the 1 hour chart.
4.236 ext fibo level= 30 dollar per apeif this uptrend can hold as an inverted head and shoulder , ape can reach the 4th fibo level and hit 30 DOLLAR !
30% crash can happen , eliot waves on the chart explain this (12345 abc)
The end of an APE ERA!!Looks to me that APE has pumped its last time and is on its way to searching for a floor.
It was fun while it lasted with this channel being broken.
Apecoin chart with MACD, TSI, 20 day moving average, and bollingA chart to help my son learn about trading, and to show him the website.
Ape Coin going APE!!!Ape coin has been around for about a month and a half but Bored Ape Yacht Club and Mutant Apes have been around for over a year, but some how APE COIN has amassed a 6.3 billion market cap to become the largest metaverse coin, surpassing the likes of SAND, MANA and AXS. Why do you think it is? Well my opinion is simple, currently the floor price for these NFT's is around $304,000 dollars at the time of writing, so the majority of people can't afford a BAYC NFT so the next best thing is to jump on APE COIN. For the past month and a half people have been flocking to APE COIN to be part of this proven community, but also rumors that have been proven to be facts about a metaverse called "The Otherside Meta" have driven the price up due to the fact that April 30th there is going to be a land auction and APE COIN is going to be the currency for purchase (plus ETH gas fees).
Lets not forget about Yuga Labs, the creators behind all this, it seems everything they touch turns to gold and I think The Otherside metaverse won't be the exception. Yuga Labs has done a great job of marketing and rewarding there NFT holders, which got airdrops (free APE COIN) for just owning the NFT's. The future success of APE COIN will depend on the utility it will have inside The Otherside metaverse and the community behind APE COIN and there NFT's.
Price will likely go up until the day of the land auction, when I suspect there is going to be a huge APE COIN sell off, but I think price will break the $30 dollar mark, maybe $40 but I find it highly unlikely due to the fact that APE COIN has been oversold for a while now and bulls are losing buying power. But this is Crypto and you never know what will happen(DOGE and SHIB hahaha)
My strategy will be sell some APE when hits $30 and leave some to see if it reaches higher and then sell some more. Once price retraces after the land auction to about the $14 to $15 level I will re enter.
Remember always take profits, you will never go broke taking profits.
If you like this idea or you disagree with it please like and comment, I would like to read your opinions.
APEUSD targeting $34.00Apecoin (APEUSD), one of the hottest tokens in March - April, has been trading within a Channel Up since the April 18 low. The lower band (below the median) of the Channel has been dominating most of the price action, acting as a Buy Zone with the higher band, just momentarily forming Higher Highs and rejects the price on profit taking. This has happened twice so far.
As long as the 4H RSI Buy Zones hold, the price should either bounce on the Higher Lows trend-line of the Channel Up or on the 4H MA50 (blue trend-line). The target should be the top (Higher Highs trend-line) of the Channel Up, with our projection being around $34.00 which is the 2.0 Fibonacci extension from the March 18 High. As long as the 4H MA200 (orange trend-line) holds, the medium-term trend should continue to be bullish.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
