Day 1 is simply show of power and skill to launch in unison across defi and cefi exchanages
Asset Value of APE coins
Ape Cpunks is around $5bn (20k nfts issued) | $250k average price per NFT
COINS
issued: 1bn coins
float: 275M
airdrop 10k tokens a piece to 10k ape owners = 100M coins
Secured Float by the handler: 275 - 100M airdroped = 175M coins or 17%...
ApeCoin is pulling back to 50MA support and is forming a bullish flag on Low TF, looks ready for a rally!
Current Price= 4.251
Buy Entry= 4.231 - 3.917
Take Profit= 4.790 | 5.452 | 6.113
Stop Loss= 3.499
Risk/Reward= 1:1.25 | 1:2.4 | 1:3.55
Expected Profit= +17.57% | +33.82% | +50.05%
Possible Loss= -14.11%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin...
APE Trade Setup
Degens can enter here, or for a safer trade, wait until the key level has broken and make use of a stop loss below accumulation zone. 🐵
NFA & DYOR - Thanks! 🤑
After Instagram hacks (Bored Ape Instagram page) and after the trending growth, Now is the time for a correction.
RSI divergence and rising wedge confirm it.
greeting o/
got a special one here ~
the last ape trade i shared yielded me 700%(on leverage) \\ peaked out at 3500% (i didn't hold it all the way through as things got intense lol).
this next setup could be face ripping, especially if the green path plays out.
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there's two main trajectories i'm seeing for our ape friend.
the blue path takes us up to...
Big support zone has been reached, & price is showing sensitivity here again, showing that the apes may be ready to push this higher as the BORED APE community is very strong & one of the top performing NFT groups.
Great setup here with low risk above this zone for buying!
$APE forming bullish wedge, once a break over 14.5 we're into price discovery. Tokenomics currently a 7/10 for me. 22%, 220million tokens out of 1b into the market at the moment.
APE is in an ascending triangle here that could break to the upside resulting in a bullish continuation.
If we break support then I will enter shorts, if we break resistance I will enter longs - watch it closely.
