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APEUSDT trade ideas

✴️ ApeCoin Hits Bottom? Correction Beyond 100% = Bullish!As you requested, we are looking at ApeCoin on the daily timeframe. We can see a new low being hit June 2023. As this low hit, volume started to rise. This is more apparent in other exchanges but still volume became higher in June than all throughout May. The RSI is oversold and starting to print bullish divergence. Other Altcoins are moving up, the bigger ones and the rest should follow in due time. We also have a bearish cross between MA200 and EMA200. When a bearish cross happens, prices tend to move up. The correction went beyond 100% compared to the Nov. '22 low. All the stops were removed. All weak hands removed... Liquidity can now be found up. Namaste.
Long
by MasterAnanda
4
📈 $APE Unveiling a Promising Node Falling Wedge Pattern! 🐵📉$APE/USDT has caught our attention with a notable Node Falling Wedge formation. This pattern signifies a potential bullish reversal and presents an intriguing trading opportunity. 🚀💥 Will $APE/USDT break out of the wedge pattern and ascend to new heights? Join the discussion and let's unravel the potential of this exciting cryptocurrency! 📊💬 #APE #NodeFallingWedge #BullishReversal #CryptoTrading #TradingOpportunity #TechnicalAnalysis #Crypto #Trading #TechnicalAnalysis Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Always do your own research before making any investment decisions. Happy trading! 📈💰" Remember, trade wisely and manage risk effectively!
Long
by STP_MrNodeItAll
ApeCoin Ape price is weak and still down-trendingWhile most altcoins recorded the bottom of the decline on June 10, the APEUSDT price decided to be more "creative" and continue to fall further. Over the past 3 days, the price of BTCUSDT has grown by +17%, by the way, at this idea we updated target: And the APEUSDT price has added just +22% since the bottom, which is a very weak result, frankly speaking. Therefore, we don't want to draw super upward arrows that the price will soon grow and give vain hopes. Now, the first and only task for APE buyers is to create at least some interest around the coin and raise the price to at least $2.90. This level was a strong support for the APEUSD price at the end of 2022, when the BTC price was around $15k (and now the price is twice as high - 30k) What will happen next with the APE price is difficult to predict, we will need to observe and analyze the dynamics of events in the future. So if you are interested in further analysis of ApeCoin from us, write about it in the comments, and we will analyze the APE price movement more often and published on Tradingview _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
17
Is this a new type of divergence? (widths of top looking structures seen in chart, but are they? could they be hiding their true identity and transgendering into bottoms right before your very eyes? Using an MRI Scan on the RSI, we can see it actually might be a WEAKER TOP, why does it look so small in the RSI? I think this might be a new type of divergence I discovered. The red marker indicates what looks like a "top" in the chart, but actually looks possibly more like a bottom-looking-structure, in the RSI. You can back test this yourself, look for dumps in the past, and compare, I can bet the Bottoms in the RSI will appear to be getting more narrow, and the tops becoming much wider and more pronounced before a dump. Just IMO & as always, HAPPY TRADING! :)
by UnknownUnicorn3237473
Ape/usdt on the bottom of descending wedgeHi eveyone We have the Ape/usdt pair in daily time frame and as you can see from may 2022 ape is moving in a descending wedge and heading for lower lows. The price has recently touched the bottom of the descending wedge at 2$ and seems to be preparing for a bounce but as you know with the current state of markets and the correction of Bitcoin we may witness a fake break down of the descending wedge so it is wise to be prepared for both scenarios. This is only my personal view of market and not any kind of financial advice. Trade safe and stay strong
Long
by Cyph3r4min
APEUSDT wants the weekly support?APEUSDT recently experienced a setback as it failed to sustain its bullish momentum after retesting a crucial supply zone. This lack of support has raised concerns among traders and investors. Considering technical analysis, there is a possibility of a pullback on Fibonacci levels. Fibonacci retracement levels are commonly used to identify potential areas of support or resistance based on the key ratios derived from the Fibonacci sequence. Traders often look for price reversals or corrective moves around these levels. If the price of APEUSDT continues to decline and falls below the significant threshold of $3.1, it could trigger a new short-selling opportunity according to Plancton's rules. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
13
Why is APEcoin still in Top 100 Cryptocurrencies?!?!If you haven`t read the APE Coin Growth Thesis: Then you should know that APEcoin's current market cap of $2.3 billion and its position within the top 100 cryptocurrencies seem overinflated and unjustified. The project's reliance on non-fungible tokens (NFTs) raises concerns about its intrinsic value and utility within the broader crypto ecosystem. Unlike other cryptocurrencies that offer tangible benefits, APEcoin's NFTs fail to provide significant value. While NFTs have gained popularity, their long-term sustainability and practical applications remain questionable. APEcoin's NFTs lack a compelling narrative or clear use case that would justify its market capitalization. In contrast to APEcoin, top-ranking cryptocurrencies have solid underlying fundamentals, offering functionalities such as decentralized applications, smart contracts, or efficient cross-border transactions. APEcoin's limited value proposition puts it at a disadvantage in the highly competitive crypto market. Considering these factors, a market correction or revaluation for APEcoin appears likely. A more realistic price target of $1.04 is in line with its current value and potential market demand. Looking forward to read your opinion about it.
Short
by TopgOptions
APEUSDT.1DHello dear friends, *Mars Signals Team wishes you high profits* This is a one day time frame analysis for APEUSDT.1D We are in the daily time frame. As you can see, the price has reached our daily support line and we expect the price to be supported and move towards our first resistance line, and if it can move above our resistance line and stabilize above it, we expect the price to rise to the resistance line. We consider the second. But if the price cannot stabilize above our daily support line and penetrates and stabilizes below our support line, we expect the price to fall. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
3