APE: Triple Bottom?As we can see, since July 2022, the support zone around $4.25 - $4.65 seems to be a strong area of demand. If the markets start to rally soon, we should see APE retesting resistances of $6 and $7.70 in the coming weeks.
APEUSD trade ideas
APEUSD: 65% correction warning distribution(SL/TP)(NEW)Why get subbed to me on Tradingview?
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APEUSD: 65% correction warning distribution(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: APEUSD daily chart review
::: updated/revised outlook
::: distribution in range / weak chart
::: limited upside / expect dump from HIGHS
::: weakness will last for 4-8 weeks
::: LOG SCALE chart
::: not a great looking chart
::: SYMM Triangle setup / BEARS
::: aggressive FED rate hikes guaranteed now
::: CLEAN REJECTION AT recent highs
::: S/R was re-tested produced WEAK bounces
::: final BOUNCE possible now before DUMP
::: also noteworthy sequence of lower highs
::: recommended strat: SHORT from range highs
::: final TP BEARS is 2.00/2.20 usd
::: 60-65% correction possible next
::: 4-8 weeks in October/Noveber 2022
::: right now no upside in this market
::: position traders should wait for
::: better entry prices later after
::: final PUMP possible into FED to trap BULLS
::: recommended strategy: SHORT SELL RIPS/ RALLIES
::: TP BEARS is +65% gains - near 2.00 USD
::: BULLS stay out until correction is over
::: SWING TRADE: SHORT/HOLD IT
::: correction run not over yet
::: good luck traders!
::: BUY and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION/65%
::: Sentiment short-term: BULLS/FAKE FINAL PUMP
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Crypto Rally - Join the short partyI think we are having a nice crypto rally for past few hours. Take advantage of the rally.
APE down from hereReasoning is the lower high Structure after sweeping a weekly high
on the H12 price ceated a bearish orderblock which should induce breaish momentum from here.
The final confirmation step would be a break below purple S/R for me
as always, no financial advice, just food for thought
APEUSD (APE) - Broken through key resistance 📉APEUSD has broken through key resistance and is prepped to drop towards the take profit levels shown.
APE: Bullish Divergence + Wedge PatternOn the daily timeframe, APE is forming a descending wedge pattern with bullish divergence on the RSI. The RSI is also showing that it's oversold.
I expect a bounce up from the local support levels. If support fails, then $3 is the last line of defense before making any lower lows.
Strong resistance around $5.50
APECOIN APE: Bad Days Ahead!Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Apecoin (APEUSD).
The chart is self-explanatory. With the crypto market going through a correction, Apecoin may still have downside to go. See where I believe there may be strong support and possible bottom.
Included in the chart: Trend line, Support and Resistance Lines, Volume Profile (VPVR), Ichimoku Cloud, RSI, MFI and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More ideas below!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
TRADE ALERT - Long Ape to 8.10Traders,
This next trade has the potential of 86%+ profit. I have waited very patiently for APE to come down to it’s strong support of $4.29 …and here it is. I believe it’s go time!
Position = APE
Entry = 4.34
Stop Loss = 2.88
Final Target = 8.10
Risk/Reward = 2.5/1
Leverage = 1x
Profit Potential = +86%
Best of luck!
Stew
APE: Support & ResistanceCurrently, APE is starting to form a descending wedge pattern with bullish divergence building up on the 12H.
Local support zones at $4.20 and $3.
If it breaks upward, I'd expect strong resistance around $5.50 - $5.60. If that resistance breaks, then we could see a decent uptrend from there.
APECOIN - 3.66 IS 50% LIKELYBeen using this as a favorite to short and unlike the long positions it's going well.
My chart says 3,66 is likely to happen.
With Mt Gox fears being valid (nobody knows for sure how and when the event will take place) and after Powel's gloomy projections/tone we need to be worried.
5$ is resistance. A strong one but a rebound to that level is not to be crossed out.
Let's be aware that markets opening in Asia tonight (Sunday midnight hours for Europe) could add to worries.
We be careful and hedged here. APECOIN is not a crypto I like to buy and have never held it in my spot portfolio.
If you believe the whole crypto think is monkey business (part of it is, i say in general it is not!) then APE short could be a good option still, to make that statement a trade.
I am short. DYOR and remember to hedge.
One Love,
the FXPROFESSOR
How spicy will it be or Will the APES go Bananas?Short on APECOIN.
LONG ON OTHER ASSETS, CHECK MY POSTS AND EXTRA CAUTIOUS AT THIS VERY MOMENT BECAUSE OF bITCOINS FAILURE TO BREAK HIGHER (STILL, IT MIGHT HAPPEN, 40%).
In any case, APECOIN is one of the charts i prefer to look for Short set-ups.
Previously:
BTC:
One Love,
the FXPROFESSOR
APE Coin Hourly Short Entry to S3APE looks to be forming a Head and Shoulders on the Hourly Timeframe and the target seems to be between the Mid 0 and Support 3 below.
Time For This To Go APE?DOWN WE GO!
From my technical analysis i am looking for price to hit $4! Reason for this is price smashed through a good level of support (red zone) Price has now been and retested this broken support as resistance both yesterday and today, this is confirmation of more downside moves to come for me.
We can also see we had a strong trendline formed which also broke and also got retested as support! Now these 2 signals alone are strong, but when they line up like these ones have this just confirms to me that we could see that push down to $4 range very soon. What i mean by this is price retested broken support as resistance at the same time it retested the broken trendline as resistance!
Also line this up with more downside moves on BTC and ETH i am expecting, a stronger USD and a large percentage of BAYC NFTs ready to get liquidated as collateral on some lending platforms the only way is down for me.
APEPERP - LONGEntry price: $5.1
Target: $10 (Gain - %96,08)
Stop loss: $4.86 (Loss - %4,71)
Leverage: 5x
Going Short on APEFTX:APEUSD
APECOIN seems to have top-out with the RSI indicator extremely overbought, and now it is pointing down.
It seems to have made a Falling Wedge Pattern, which is a bearish pattern, and about to break to the downside.
I’m going short here, with stop above August 5 highs.
Not a recommendation.
Good Luck to You
APE - Will Probably Take Profit SoonThought i'd show you this one in advance.
This ascending wedge looks very corrective and with downside confirmation potentially arriving from other markets, APE could be set to tumble.
Its hit a 1:1 and a key resistance point so good chance this is an ABC that will see significant downside.
I'll be waiting for the trendline break though since it could still have a surprise pump as cryptos love to do.
But if it does break then this will be around a 100% trade from entry that I posted 2 months ago while the herd were sleeping 🛌.
I'll be back to buy more APE down the road.
Not advice.
APE ShortTop of rising wedge.
Engulfing candle
Bearish divergence on the RSI
Bearish divergence on the Momentum.
Golden Pocket at 4hr SR (if it did that correctly)
At a daily SR
However, EMAs bullish positions.
Would love feedback.
💀 Charts and Conspiracy Theories 🔥 My Chart shows Resistance and most likely lower again but who cares about charts and money when there are Bigger messages in play?
I am going to start with number 8 (and 88) which happens to be my favorite number:
- rotate an 8 and you get infinity ♾️
- Buddha's Noble 8-fold Path ☸️
- 88 symbolizes fortune and good luck in Chinese culture, since the word 8 sounds similar to the word fā 🧧
- The angel number 88 is a number with a powerful vibration. This number signifies achievement, progress, abundance and success. It is also the number of Karma and the Universal Spiritual Laws of Cause and Effect.👼🙏🏽
- I do a lot of analysis on 8-h charts and also use EMAs built around this number (one of my little secrets) 🤫
So, number 8 and 88 is all GOOD! But the again here we go:
🤢🤮🤮🤮🤮🤮88 for Heil Hitler..so numbers 8 and 88 are reserved by evil.🤢🤮🤮🤮🤮🤮 (what??)
⚡ Now back to the subject: Bored Ape Yacht Club is being accused of working around some serious Nazi symbols. ⚡
(search for it on YouTube: BORED APE NAZI CLUB or ''Bored Ape Yacht Club: A Dark Secret Exposed | Asmongold Reacts to Philion''.
I will be honest: I watched Asmongold's video and WAS SHOCKED with all the coincidences.... not amused at all 🤯
I simply don't like this APE thing anymore..for some reason I am happy i never liked it anyways!
Professor's message:
This planet is fu##ed up enough already and we ALL need to take a stance against all bad '-isms' :
Against Fascism💀
Against Racism💀
Against Sexism💀
Against anti-Semitism💀
Against Nationalism💀
Against Terrorism💀
Against Communism (sorry- it needs work, maybe socialism is a good start)
Against Totalitarianism💀
🌍 Why can't we realize we are a small tiny little planet and we should all get along!
☮️🕊️Professor stands for Pacifism, Altruism (and maybe a bit of Narcissism but that's ok).
One Love and going short on APE 💀💀💀
The FXPROFESSOR 💙
A little fun with APEAPE charted from start to finish. Ive annotated in my predictions, however simple they may be.
I will update later with my actual thoughts!
AT Cryptoscan: APE-ing the APE ?APECOIN ( APEUSD or APEPERP) appears to have broken out of its second consolidation.
The Weekly chart is a tad limited, but observable that it is less than a quarter from the high. Also noted that it recently made a significant dip to almost 3, and consolidated.
The Daily chart shows more intricacy with consolidation triangle broken out of on 18 July at about 5.00, after a bullish MACD divergence. It was VERY obvious then.
There after, some upward consolidation, and a resistance at 7.00.
Today, APE broke above 7, and what remains to be seen is how much more or how long it can hold above 7. Technical indicators have yet to crossover although price has bounced off the daily 55EMA (a bullish thing). Momentum and price performance, thus far have been well with APEUSD performing over 10% for the first half of the day.
Given what little there is of the weekly chart, it does look like APE has some technical potential. Stands out from the rest at the moment although it might be a tad late in the game. Watch the pullbacks for better entries...
APE: Rising ChannelQuick update on APE. As most of you know, ETH has been leading the crypto market in the last week or two, which has pumped some altcoins 100%+.
There has been some bullish news lately, such as GUCCI accepting APE for payments, and headlines such as, "One of the Richest Ethereum Whales In Existence Accumulates Polygon, APE, Sandbox..."
If APE is able to break heavy resistance between $9 - $10, then we can expect to see at least another 20% - 30% gain beyond that.
This idea is invalidated if it closes below the rising channel.
