APE coin; potential upside > $APE coin highlighting a previous level of demand.
> Trend is still down, potential for 20%+ upside
>> RR = 2.67~
> $APE coin highlighting previous levels of demand.
> Decent potential for a move up off the current level with moderate SL.
> potential estimated 20%+ move
>> Target level is a cluster of resistance and supply across structure shoulders/peaks
> Given the overall market trend, should not expect any large breakouts/upside moves.
APE
$AMC had a short lived Bullish run. What is next?NYSE:AMC
Chart - Daily
EMA (Exponential Moving Average): 20 EMA crossed the 50 EMA but couldn't hold for the next cross over 100 EMA. It is currently trending downwards towards the 50 EMA.
TTM squeeze: All momentum is puff, gone. Squeezing downwards :(
Fib levels: We now have a reversed fib and at .382 it's the beginning baaaaad news. It must fight off .618 or we headed down for the 1 fib ($13.77).
Candle stick: Three Black Crows followed by a Bearish Engulfing. This is baaaaaaaaaaaaaad!
Pattern: Falling Wedge or should I say Bearish Price Channel Continuation.
News: I really think it's just the volatile markets and the continued fed data about CPI, SPI, and War.
History: Well last start first by looking at the previous moves and analysis; We suggested the moves to $27.71 and $31.04 which were right on point. We even got a little extra. The current trends are the exact opposite of the previous analysis. We say this to say that the probability for $AMC to go back to $13.87 (1 fib reversal) is super high given the current market conditions. Especially with today's CPI data of 8.6% for the month of March. Maybe $HYMC could come to the rescue but they seem to be facing the same fate.
APE : Bounced back Above Bottom?APE has been strongly bearish move in the recent couple of days and as i saied previous analysis it has found bottom support around $10 ~ $11.
With price action we have seen today if it could stay above support zone($10 ~11) Im expected We can see big bounce back above $15 again and even higher that in the next week.
Note : this is assuming that BTC could will stay above crucial support around $39300~$39700.
APE : preparing to bounce back above $14APE has been strongly bearish move in the recent couple of days and as i saied previous analysis it has found bottom support around $10 ~ $11.
With price action we have seen today if it could stay above support zone($10 ~11) Im expected We can see big bounce back above $15 again and even higher that in the next week.
Note : this is assuming that BTC could will stay above crucial support around $39300~$39700.
APE bear flagPrice in mid term down trend, retested previous breakout area as resistance. Had a 50% retracement, rejecting at resistance / 50% fib level. Began to see wicks at upper bb band, price over extended - ma crossing bearish on stoch. Closed with a bearish engulfing on 15 min.
Stop loss: Placed above resistance - past high wick
Take profit: At support low - half order. Second half to hold on to break of flag - fib extension levels
🐒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 $17.5~$18.5 before turning back to the downside.
the green path takes this ape all the way up to $30 in a golden rocket ship via a 5 wave impulse.
it's going to move quite fast (in theory), so this local golden zone is the golden ticket if i'm right about it.
💰
APE/USD - Buy opportunity incoming! Ape in! 🤣APE has hit the resistance once more, if it does not manage to pass it it will likely fall back on the top of this trendline which should act as support.
Once done, it will likely form an inverted H&S and then price could break the neckline and run.
This is just an idea and price may do its own thing, but probability is high price will break this resistance one way or another.
Buying the coming dip seems like a PRO move. NFA.
Bias is turning bullish after we pullback.
Like and follow if you liked this idea!
MONKEY IS BULLISHAnd now is a good time
(Target : Kindly see price action again at resistance)
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PS. *** All of my analysis is for scalping method,
Not suitable for coin holders / Investor....
It's my trading diary particulary to practice scalp trading skill.
*** If you follow it please adjust the stop loss at your acceptable risk.
>>>>FYI When I trade I use low leverage and only cut loss
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Feel free to share your thoughts, Trade safe and fun!
AMPed up and Ready to Go! AMP is ready to see momentum start to increase to the upside and price should follow. AMP has been lagging behind many other cryptos but their time may come very soon. If you would like to learn more about our Proprietary Oscillator just send me a DM and I will make it available to your TV account.
Cpool/Tether New crypto looking to Move HIgher!Clearpool (CPOOL) is a relatively new crypto that started trading on Kucoin in November 2021. H/T to TheKitchenTrader for bringing this to our attention. On a Daily chart you can see a Postive Divergence and looks ready for a move to the upside. If you would like to learn more about our Proprietary Oscillator please DM us and we will get your TradingView account connected with our Oscillator. Good Luck Trading!
APE Apecoin: 1H Chart UpdateHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Apecoin (APEUSD).
Apecoin's RSI is very important to give a determination of where price may be headed yet. The price is sitting inside a Support and Resistance area currently.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments 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