Follow-up on my previous $APE Long post. Iâve added more $APE at $1.365
Hereâs why Iâm doubling down:
1. Strong Breakout: $APE continues to ride above the critical MAs (MA120 & MA200) after breaking key resistance at $0.865. This technical momentum signals that itâs setting up for a long-term run.
2. Volume Surge: High volume continues to pour in, confirming buying strength and sustained interest in $APE . The volume surge is a clear sign that buyers are backing this rally.
3. ApeChain & Meme Power: Yuga Labs just launched ApeChain, creating a dynamic ecosystem that includes the ape.express meme launch platform. This has not only pushed $APE prices higher but also boosted the BAYC/MAYC NFT floor prices, further cementing the ecosystemâs influence. Meme coins on ApeChain with the like of $Curtis, $Banana, and $Chimps are rapidly gaining traction, driving TVL and attracting more ape and liquidity into the fold.
4. BAYC/MAYC Vibe: As a BAYC/MAYC holder, I can feel the excitement building from within the community. The ecosystem is alive with energy, and they are paving the way for something much bigger on the horizon.
With ApeFest and ApeChain both fueling excitement, this could be the start of a major long-term reversal. Letâs ride this bullish momentum all the way! đ
$APE Long: Entered at $0.90, targeting $3.785 for a potential long-term reversal trade.
1. Breakout Above Key Moving Averages: $APE has broken through critical moving averages (MA60, MA120, and MA200) and cleared the key resistance at $0.865 with impressive strength. This is a classic signal of bullish momentum and a potential long-term reversal unfolding.
2. Volume Surge: A substantial spike in volume confirms the breakout and indicates strong buying interest. This volume surge supports the reliability of the rally, signaling that itâs not just a short-term pump, but potentially something much bigger.
3. RSI Showing Strong Momentum: While RSI(6) is overbought at 73+, RSI(24) remains neutral, leaving more room for upside. This divergence suggests we may see continued bullish momentum in the near term.
4. Double-Bottom Pattern: The recent rebound from the $0.47 low suggests a double-bottom pattern forming, a strong indicator of a potential reversal. With the ApeChain and ecosystem announcements adding fuel to the narrative, the technicals align with a long-term bullish shift.
Plan: Stop Loss: $0.80 Price Target: $3.785
This move is supported by the convergence of strong technical indicators, the excitement surrounding ApeFest, and the hyped ApeChain launch. With volume and momentum building, this could very well mark the start of a significant long-term reversal. Time to ride this wave and see where it takes us!
- Take profit set at 146.650, right around key resistance levels (MA60/MA120). - Stop at 138.15 to minimize risk if momentum falters. - RSI shows oversold, looking for a bounce from here.
Letâs see how this plays outâshort-term recovery in sight!
đ $BTC Long: Entered at 60,405, targeting 61,473 for a short-term rebound.
- Rejection at 61,723 (MA 200) shows strong resistance, with momentum shifting to a potential bounce. - RSI oversold and price consolidating near support, signaling a possible move up. - Watching for a rebound to key MA levels before further breakdown.
Plan: Take profit at 61,473 and exit if price drops to 60,561, locking in profit. Risk-to-reward ratio of 1:6.8, making it a favorable setup. Letâs see how it plays out!
As predicted in my previous post, the $EIGEN short-term bottom touched $3.675 (and even dipped to $3.636). My auto-exit, however, kicked in at $3.837.
In hindsight, $3.675 wasnât just a good profit target for my short; it was the perfect pivot point to go long (short term). However, seamlessly switching from short to long is tricky, and Iâm still working on honing that skill.
No regretsâprotecting capital always outweighs chasing profits, especially in the crypto world. Safety and strategy first!
- Currently hovering near key MAs (MA120 at $62,084, MA200 at $62,265) acting as support/resistance. - Rejected at $64,448 with lower highs formingâshort-term bearish sentiment remains. - RSI trending down, indicating selling pressure hasnât eased. - MACD signals weakening bullish momentum, with a bearish crossover on the horizon.
Risk management: - Stop loss at $61,430 - Stop profit at $63,150
Looking for a push towards $62,900 before hitting potential resistance.
1500 USDT Out of Nowhere: How a Binance Tournament I Forgot About Turned Into Free Money!
This morning, I logged into the Binance app for my usual routine and stumbled across two token vouchers sitting in my Rewards Hub, worth a total of ~1500 USDT! Apparently, theyâve been there for monthsâŠ
I claimed them in a heartbeat but I was confusedâwhere did this free USDT come from? Itâs not like weâre in the middle of a raging bull run or anything. So, I did some digging⊠and the answer I found was even crazier than I expected! Turns out, I somehow joined a Binance Futures Tournament a while back with over 100,000 participants and 7,000+ teams competing. The crazy part? I have no memory of ever signing up! đ€·ââïž
Hereâs where it gets even wilder: I ranked 45th in the solo medals rankings, and our team finished 31st! The cherry on top? I had the most medals in my team. đ And all of this happened while I was just doing my regular tradingânothing extra, no special effort. đ
The funniest part? I didnât even realize I had a team! Huge shout-out to everyone who joined inâwe wouldâve crushed it even harder if I had known there was a competition going on! Honestly, itâs mind-blowing how sticking to a consistent trading strategy can land you in the top 50 of a massive competition without even realizing it. And 1500 USDT in free vouchers? Iâm definitely not complaining. Big thanks to Binance for the nice surprise! đ #CryptoWins The lesson here: Always check your Binance appâyou never know what kind of rewards or surprises might be waiting for you. đ #Binance#FreeMoney If this story blew your mind, make sure to follow for more trading insights and wild crypto stories. Letâs ride the waves of this unpredictable crypto world together! đ
Happy 7th Birthday, @Binance ! đ Thrilled to receive this awesome Binance swag. Here's to seven years of building, innovating, and transforming the world of crypto. Keep BUILD7NG! đ #BinanceTurns7 #KeepBuild7ng
Staying bullish on $ETH despite short-term bearish moves! I continue to allocate $6k+ every 4~8hrs via Binance Auto-Invest to DCA into Ethereum. Follow me to see how this strategy plays out in real time!