APEUSDT trade ideas
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! :)
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
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.
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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 🦐
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.
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
APE USDT PERP Hello Trader BINANCE:APEUSDT.P
look from the 15-minute chart
you can go short because there is still
potential to go down, look at the
entry point area that I have determined.
Hopefully can
Please add a comment and Positive feedback and
constructive criticism are important to authors and the
community.
Disclamer: Not Financial Advice
Bullish Harmonic Pattern and RSI Divergence Potential ScalpOur attention has been drawn to the 15-minute chart of APE, which is exhibiting a harmonic pattern and RSI bullish divergence. This could provide a potential scalp trading opportunity. Please note that this is not financial advice and always consider the inherent risks associated with trading.
Idea :
On the 15-minute chart of APE, a harmonic pattern has been detected. These patterns can often predict potential price reversals due to their alignment with Fibonacci numbers, making this an interesting setup to watch.
Adding to the bullish scenario, the RSI (Relative Strength Index) is showing bullish divergence. This occurs when the price makes lower lows, but the RSI makes higher lows, which can often signal an upcoming bullish reversal.
Considering these two technical factors, a quick scalp trade could potentially be executed. Scalping is a trading strategy where small profits are taken regularly to exploit short-term movements in the price. However, remember that while the gains can add up, the losses can as well, and scalping requires a strict exit strategy to protect against potential downturns.
If this setup triggers and you decide to enter, ensure you have a clear stop loss in place and take profit levels defined. This will protect your capital and lock in gains when the price moves in your favor.
This post is for educational purposes only and is not investment advice. Please do your own research before making any investment decisions. Cryptocurrency investments carry significant risk and may result in a loss of your capital.
#APUSDT by Ilya (Watchlist) 6-2023
Current price: $3.15
Sector: Metaverse
Market capitalization: $1.16 billion
Circulating supply: 368.59 million
All-time high (ATH): $27.51 (April 30, 2022)
All-time low (ATL): $0.003 (July 20, 2021)
Add BINANCE:APEUSDT
to your watchlist.
When we suggest adding a coin to your watchlist, it means it's forming a pattern or approaching a historical bottom, near or above a good support level, displaying increased trading volume, showing a reversal candle, in an accumulation stage, etc. However, we haven't seen any bullish reaction yet, so we recommend adding it to your watchlist until the right time for entry.
Note:
This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management.
You can't impose your opinion or force it to happen in the cryptocurrency market. So, be prepared for any outcome.
Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing.
Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏
I position myself confidently in the realm of $APEWith an unyielding bullish spirit coursing through my veins, I position myself confidently in the realm of APE, propelled by the resounding potential it exudes. With a keen eye on the horizon, I patiently await the opportune moment to seize profits above $3, guided by the monumental presence of a TWAP-er that promises to pave the way to unprecedented gains.
APEUSDT coin will be in the accumulated rangeAPEUSDT best point of entry between supply zone area as shown in yellow then it will be accumulated between 10% fib to 55% fib level.
We issue prediction after careful analysis. You can enter after doing your own analysis. We are not responsible if company fraud happens. We issue analysis on public demands.
🔥 APE Crazy Bullish Divergence: Best Trade Of The Summer!APE has been roughly selling off since the start of the year. This trade anticipates that the selling is over and that the bottom is in for the time being. The idea is that the massive bullish divergence on the price vs RSI will cause a huge uptick in bullish pressure, further reassured by a bullish long-term BTC and stock market.
When we place the stop below the current daily low of 2.99 and a target of 6.40 (the year to date high), we can create a trade with an insane risk-reward of almost 26. This can potentially be one of the best trades of the summer.
Based on your preference you can take partial profits around 3.50 and 4.60