caution flag

april 26th i posted an idea about Apecoin
current trading looks to be following the same style of trading.
its just an idea that i am presenting.
my opinion is not investment advice so don't follow my examples.
every idea i post can be manipulated or break.

Note

rally was strong and extended longer than expected.
after a few days momentum stalled and selling started.
when i see this triangle pattern i compare current volume and momentum to
predict the repeating pattern. the 2nd breakout was very strong and the 3rd showed weakness and started breaking down.
I am uncertain at the moment of what will happen next and i do not want to guess at this very moment.

Note

support at 13 and resistance at 18

if 15 becomes resistance 11 will be the next low

Note

click play on the chart
just amazing
11 should of been the low but FTX panicked the market
and double dipped.
Bad news is now we are under the support level.
11 is now resistance and 8 is barely a support.
looks bad so if your trading be careful and watch closely.
its probably going to curve down and up like it did in august and sept.
i would say 5 to 8 with 1 dollar range trading

UnknownUnicorn35774657

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UnknownUnicorn35774657