Downloading...
Download

Apecoin

APE: Descending Triangle BreakoutTrade setup : Bullish breakout form a Descending Triangle pattern, above 200-day moving average and $1.50 resistance could signal resumption of uptrend, with +20% upside potential to $1.80 thereafter. Stop Loss (SL) at $1.40, just below 200-day MA support. Pattern : Price is trading in a Descending Triangle pattern. Typically, a breakout will occur in the direction of the existing trend. Most traders will take a position once the price action breaks through the bottom line of the triangle with increased volume, which is when the price should decline an amount equivalent to the widest section of the triangle. Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $1.25, then $1.00. The nearest Resistance Zone is $1.50, which it broke, then $1.80.
Long
by altFINS
APE: Descending TriangleTrade setup : Price is in a downtrend, trading in a Descending Triangle pattern. Price needs to break above 200-day moving average and $1.50 resistance in order to signal resumption of uptrend, with upside potential to $1.80 thereafter. Pattern : Price is trading in a Descending Triangle pattern. Typically, a breakout will occur in the direction of the existing trend. Most traders will take a position once the price action breaks through the bottom line of the triangle with increased volume, which is when the price should decline an amount equivalent to the widest section of the triangle. Trend : Neutral on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $1.25, then $1.00. The nearest Resistance Zone is $1.50, then $1.80.
Long
by altFINS
APE: Approaching ResistanceTrade setup : Trends are mixed and price is at a critical juncture. Following a bearish breakout from a Channel Up pattern, price is trying to break back above 200-day moving average and $1.50 horizontal resistance zone. If it succeeds, it could signal resumption of uptrend with 33% upside potential to $2.00. If it gets rejected, it could signal bearish trend reversal near-term with downside risk to $1.00. Trend : Neutral on Short-Term basis, Uptrend on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $1.00. The nearest Resistance Zone is $1.50, which it broke, then $2.00.
Long
by altFINS
ApeCoin Jumps 10% Following 'Dookey Dash' Free-to-Play GameApeCoin, the esteemed token of Yuga Labs' Bored Ape Yacht Club (BAYC) ecosystem, witnessed an exhilarating surge of over 10% in the wake of the highly anticipated announcement: Dookey Dash, the BAYC-themed game, is set to launch a revolutionary free-to-play edition. The market responded with resounding enthusiasm, propelling ApeCoin ( FWB:APE ) to a current trading value of $1.58, marking a remarkable 10.1% increase in the past 24 hours and a substantial 17.9% surge over the week. The Unveiling of Dookey Dash's "Unclogged" Edition: The catalyst behind this meteoric rise was the revelation of Dookey Dash's new "Unclogged" edition, a move that opens the floodgates of public access to this captivating endless runner game. Notably, Dookey Dash was previously an exclusive delight for holders of Bored Ape Yacht Club's Sewer Pass NFTs, but the paradigm is shifting as Yuga Labs introduces a more inclusive gaming experience. The Implications for ApeCoin Investors: For ApeCoin enthusiasts and investors alike, this development is more than just a surge in token value; it signifies a new era of accessibility and engagement within the Bored Ape Yacht Club ecosystem. With Dookey Dash breaking free from its NFT constraints, ApeCoin holders now find themselves at the forefront of a burgeoning wave of opportunity. Unlocking the Gates of Mainstream Adoption: The move towards a free-to-play edition of Dookey Dash not only democratizes access to the game but also lays the foundation for increased mainstream adoption of the Bored Ape Yacht Club ecosystem. As more individuals join the Dookey Dash community, ApeCoin is poised to become a symbol of innovation and inclusivity within the rapidly evolving world of blockchain gaming. Community Buzz and Social Momentum: The announcement has ignited a palpable buzz within the ApeCoin community and the broader cryptocurrency space. Social media platforms are abuzz with discussions on how this move could potentially redefine the landscape of blockchain-based gaming and influence the future trajectory of ApeCoin. Closing Thoughts: As ApeCoin continues its upward trajectory, fueled by the excitement surrounding the free-to-play edition of Dookey Dash, the investment landscape for crypto enthusiasts has never been more compelling. The launch of the "Unclogged" edition not only amplifies the utility of ApeCoin within the Bored Ape Yacht Club ecosystem but also positions it as a dynamic player in the larger narrative of blockchain gaming innovation. In the ever-evolving realm of cryptocurrency, the surge in ApeCoin's value is not just a numerical gain; it represents a transformative moment, urging buyers to seize the opportunity and become part of a community that is shaping the future of decentralized entertainment. As the journey of ApeCoin unfolds, one thing is certain: the excitement is just getting started.
COINBASE:APEUSDLong
by DEXWireNews
ApeCoin: Double BottomOverview I recently cancelled one of my other ApeCoin projections where I believed a Three Hills & a Mountain pattern was forming. The second hill became a head and now a bearish Head & Shoulders is in progress. However, I am still bullish on the token because if the H&S is valid and the price is rejected back to $1.00 then this could become a setup for a medium-to-long term double bottom formation. Head & Shoulders The H&S can be seen on both the hourly and daily charts. The right shoulder is currently in development with a descending wedge that may squeeze the value back up to a resistance around $1.55. Should the ceiling be strong enough to extinguish any momentum that COINBASE:APEUSD may garner then a correction back to $1.00 is probable. However, if support is significant enough at this $1.00 level then this will become the second leg for the double bottom pattern. Double Bottom Projection There will be plenty of noise in-between that will facilitate short-term trades but I believe a price target near $6 is practical. This is near the same price target of a macro-Cup & Handle projection that I published a few weeks ago.
COINBASE:APEUSDLong
by Shepherd_Investor
APE/USDT bullish horizons from demand? 👀🚀 APE Analysis💎 Paradisers, turn your attention to #APEUSDT, which is showing signs of a noteworthy shift from a vital demand level. 💎 Currently, #APE is charting an upward path, hinting at a potential bullish breakout from its current demand zone. We're eyeing a retest of the demand level around $1.292 before it resumes its ascent. Should #APE maintain its ground above this threshold, it sets the stage for an advance towards the significant supply zone at $2.906. 💎 However, should #ApeCoin struggle to hold above the $1.292 level, it may call for a strategic reassessment. In this scenario, we'd consider the possibility of initiating a bullish movement from a lower demand level at $1.137, which holds substantial liquidity. 💎 Monitoring this level is imperative, as breaking below it could trigger a pronounced bearish trend.
Long
by MyCryptoParadise_Simon
APE: Approaching ResistanceTrade setup : Following a bearish breakout from a Channel Up pattern and below 200-day moving average, price could signal bearish trend reversal near-term with downside risk to $1.00. Pattern : Price was trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $1.00. The nearest Resistance Zone is $1.50 (previous support), then $2.00.
Long
by altFINS
ApeCoin: 3 Hills & a MountainI believe I've identified a potential Three Hills & a Mountain pattern on ApeCoin's hourly and daily charts. At the time of this idea --- and should my projection be correct -- we are beginning the transition to the third hill. The supporting evidence for my idea is the following: 1) Both of the completed hills declined to, or near, their 61.8% Fibonacci levels as is consistent with the Three Hills & a Mountain pattern. 2) While they appear similar, both completed hills are of different magnitudes which separates itself from the Three Drives pattern. I made a crude projection for the third hill and price target by using downtrend Fibonacci levels (in red) to identify a 61.8% level between the first and second hill. The purpose of this level is to identify a potentially strong support that would ultimately lead to the rally of the Mountain. It is my understanding that the Mountain rallies at a magnitude equal to the lowest and highest value of the Three Hills which in this case would be $1.292 (indicated in white). Assuming this is correct, a rally of this proportion would bring us to a target price around $2.770. COINBASE:APEUSD
COINBASE:APEUSDLong
by Shepherd_Investor
APE: Channel Up BreakoutTrade setup : Bearish breakout from a Channel Up pattern could signal bearish trend reversal near-term with downside risk to $1.00. Pattern : Price was trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $1.00. The nearest Resistance Zone is $1.50 (previous support), then $2.00.
Long
by altFINS
APE: Channel Up BreakoutTrade setup : Bearish breakout from a Channel Up pattern could signal bearish trend reversal near-term with downside risk to $1.00. Pattern : Price was trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $1.50, which it broke, then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
Long
by altFINS
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.70) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
Long
by altFINS
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.70) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
Long
by altFINS
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
Long
by altFINS
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Stop Loss (SL) at $1.45. Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
Long
by altFINS
APE: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$1.50) and exit near Channel resistance trendline (~$2.00). Also, price needs to break above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
Long
by altFINS