Breaking: Apecoin ($APE) Surges 10% Today, Enroute To $1Apecoin's native token ( GETTEX:APE ) which is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize a decentralized community building at the forefront of web3 surge 10% today defying market odds and setting coast for the $1 pivot.
Apecoin has had its own fair share of the market dip lately for an asset with an All -time high of $39.40 during the NFT hype but tanked so hard currently trading at 0.421 per GETTEX:APE coin.
Chart patterns indicate the potential of a breakout in either direction once the asset breaks above the symmetrical triangle pattern formed. Similarly, a break below the symmetrical triangle could resort to a bearish trend for GETTEX:APE coin.
The NFT market is still new albeit further developments is needed to bring the NFT hype back to life, with Apecoin ( GETTEX:APE ) standing at the forefront of NFT's galore.
ApeCoin Price Live Data
The live ApeCoin price today is $0.419761 USD with a 24-hour trading volume of $54,383,857 USD. ApeCoin is up 8.72% in the last 24 hours, with a live market cap of $315,933,934 USD. It has a circulating supply of 752,651,515 APE coins and a max. supply of 1,000,000,000 APE coins.
APEUSD trade ideas
APE ON WEEKLY CHARTBINANCE:APEUSDT COINBASE:APEUSD
The currency reached a previous low, and we note the price rebound from this area and also gave a higher low than the previous low.
The beginning of the positivity is to exceed 1.3$ , which is the point of exit from the downtrend.
As for the actual movement, it will start if it exceeds 2.6$ because it is the key to the ascent.
( This is just an opinion about the currency and is not considered investment advice.)
Your decision is your responsibility
APEUSD Stock Chart Fibonacci Analysis 021225Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 0.73/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
a faster time look at APEI mean if you know you know. this has a lot of signs saying its going down....only thing that i can see changing this being baerish to bullish is if uncle donald comes out with some bullish for crypto news....if that happens you can draw the trend support line as a parallel channel with the high of the channel being resistance....
$APEUSD LongBeautiful trendline break on $APEUSD. About a month ago, price broke a key high to high trendline and as of right now, price is breaking out of a "flag" pattern. I am averaged in pretty cheap on this one but added on this channel break. Something to take note of is how strong this pullback is. On the weekly, price has broken through its 50% retracement area which Oliver Velez believes is a bearish signal; however, this goes against its bullish position. Nevertheless, it is decision point. Is this the bounce back into bullish position 1 (20 and 200 sloping upwards) or is this a "deadcat" bounce?
Apecoin chart per request.I’m not entirely sure how this chart will play out, currently looks like this chart’s price action is heading towards this brown trendline that will either serve as a double bottom neckline or if it holds resistance for a candle or few t will become the top trendline of a valid descending channel at that point, either way the target would be the same for a breakout from either pattern, won’t be able to dial in the exact placement of the dotted goldenrod colored measured move line until price chooses where it’s going to trigger the breakout but I believe I have arbitrarily placed it in a close enough radius to get a within the ballpark of a decent price target guesstimation. Once again we see a big bullish pump coinciding with the golden cross as well. *not financial advice*
Parabollic Arc on APEHere's the weekly overview for APE, we can see that a possible parabollic arc that can possibly occur this Bull run. Earlier this year, around feb to march, APE was trading above 2 usd, reached 2.6+ and we saw it go all the way down to 0.5 levels. Right now, we just tapped on 2.1 earlier and retraced back to 1.8. Now, it just got its momentum, this is a good opportunity for a long position, we can see the possibly for APE to go 10x+ on this run.
ApeCoin (APE) Potential Retracement OpportunitiesHello, ApeCoin community and traders,
I wanted to dive into some technical analysis on ApeCoin (APE), which is currently priced at $1.28. During the last bull run, APE reached an impressive high of $27.57. Now, with the market showing signs of recovery, I believe there's an interesting opportunity for APE to retrace back to some key Fibonacci levels, providing potential entry points for investors.
Here's my take:
1. **Fibonacci Retracement Levels**:
- The **0.5 (50%) Fibonacci retracement** level from APE's peak would bring us to approximately **$1.23**.
- The **0.618 Fibonacci level** would be slightly higher at around **$1.24**.
These levels are calculated from the high last cycle to the recent low, and they are often where we might see significant buying pressure as the price revisits these areas.
2. **Why These Specific Levels?**
- These Fibonacci levels are psychologically significant in trading. They often act as support levels where buyers tend to step in, expecting a price reversal or bounce.
3. **ApeChain's Underrated Value**:
- While APE itself is making headlines, ApeChain, its associated blockchain, has been somewhat overlooked. The NFTs I've purchased on ApeChain are not only aesthetically pleasing but also hint at a vibrant, potentially growing ecosystem. This could be a catalyst for APE's price increase.
4. **Trading Strategy for APE**:
- **Entry Points**: If APE pulls back to these Fibonacci levels, it could present a strategic entry. Buying at these points could offer a favorable risk-reward ratio if the market continues its bullish trend.
- **Risk Management**: Always use stop-losses, especially in such volatile markets. I'd suggest placing them just below these retracement levels to protect against unexpected drops.
- **Volume and Confirmation**: Always look for confirmation with volume spikes at these levels to ensure the market's commitment to the price action.
5. **Long-term Perspective**:
- With the unique offerings of ApeChain, including the art and community involvement, APE has the potential for significant growth if it taps into broader market trends or partnerships.
If you're using platforms like TradingView, setting alerts at these levels could be wise. The key is to be prepared for when APE reaches these points, understanding that while opportunities exist, the market can be unpredictable.
Do you agree with this analysis? Have you explored ApeChain or have thoughts on APE's future trajectory? Let's discuss!
#ApeCoin #CryptoAnalysis #ApeChain #Fibonacci #TradingView
Time to APE into $APE?Ape is looking extremely bullish here. You can see price has been consolidating in a downtrend since 2022.
Now price looks set to break upwards.
On Oct 22, we saw a strong move with high volume into the trend line. The next move up into the trend line should break the downtrend and move towards one of the resistance levels above.
I entered at $1.09.
APE is about to go APE SHIZZZTHE PUMP IS COMING IMO!!!
I have taken 99% of my funds out of crypto but now I am rotating cash in.
BUY low sell at $10ish???
NOT FINANCIAL ADVICE!!!
If you long it from here and aren't spot buying I would bet 10k they wipe yo ass out. Leverage ain't your friend. I buy spot and chill. Don't think you are going to get rich quick. You'll end up sitting on a
APE ain't gone ape shit yetThis could easily go flat or in a down trend at a slight angle.
I have bought a tiny amount and hope they take the low out again(and hit my other order).
As you can see this is buying at the low when almost nobody is. Also at a 50+% discount from where your fav D bag youtuber/ person that treats whales like they are P Diddy and they are Justin Bieber just trying to make it in the world.
None of this is financial advice and crypto is filled with scams. You can be a victim on all these shit tokens. I seriously believe this could still drop by another 50%.
BE SAFE ONLY USE WHAT YOU CAN WATCH FLY AWAY LIKE A PUFF OF SMOKE.