APEUSD trade ideas
APE/USD-BULLISH SETUPVery nice wave structure on this coin. We have a clear extended 5-wave down, oversold conditions, and rsi hidden bullish divergence. I am waiting for the small pullback in purple to enter, no leverage. My stop will be below the local low, which I think will fall somewhere around 7.20-7.50 so we are looking at a solid r/r here as well.
๐ท๐ง Amber Heard & ๐ฅ the Volcano Terra ๐ฅ๐จ๐ฝโ๐ซ What do APES eat?
๐ฆ๐ฅ I have no idea but it's not Lobster and Champagne on Yachts, or clubs, or Yacht clubs.โต
๐ Was Time for all to have a Reality Check.. we had been 'Coco-nuts' ๐ฅฅ๐ฅ
๐ Technical Analysis:
โ ๏ธWe had stated before that 17.75 would be the Key Level.
That rejection there (the Banana ๐) did the slippery job. (It will be a Huge resistance again one day.)
๐ถ๏ธApes got a spicy rejection today, at 10$ as some 'Survivor Scalpers' loaded at 5$ and dumped at 10$. (They are right, better play it safe in the Jungle)
๐Apes, together with the rest of us animals, will be praying that the sun โฟ will light again in the Crypto Jungle, after the eruption of the Terra Luna Volcano๐ฅ๐๐ฅ
(๐ฅBoy it was some scary. Even Amber Heard shit her pants ๐ท๐ง ๐ฉ ๐ดโโ ๏ธ๐บ on Jack Sparrow's Bed )
๐ดAt the same time, the FEDS keep cutting the trees๐ด to save the Europeans from the Russian Invasion ๐ that Biden keeps confusing with Inflation ๐
So yes,
we are all Animals in the Crypto Jungle waiting for ๐ฝ Elon to tweet like Tarzan.
Just he is busy looking for 'Jane number 5', so he added Donald๐งก back on Twitter to 'MAKE THE JUNGLE GREAT AGAIN!'
(It was fun writing this but most people suffered. Remember to pick yourselves up because the show must go on (๐ข๐ท๐ง โ๏ธ ๐ดโโ ๏ธ๐บ)
One Love,
the FXPROFESSOR
*๐บ emoji represents an Amphora
**๐ข represents violence
** Amber i Love you
APE Coin - Caution Here! H&S Spotted on the 4hr.Traders,
In my last post I was extremely bullish on APE coin. I had a target of $20+ and we reached and exceeded that target easily. If I was in that trade, I would have sold ALL and taken my profits at that point.
I continue to receive requests for my analysis on this coin. Unfortunately, you all are prolly not gonna like what I have found here.
Let's jump into the charts!
- Stewdam.us
APE oversoldAs you see in my chart, Ape is at the bottom of my channel. This is an area Iโm actively accumulating. MACD and rsi suggest Ape is in oversold territory. A break below this area would likely push ape to the $12.50 range, then a test of the $10 range. If it manages to build momentum the next high could be in the $40 range.
I don't like APE's, short opportunity after finishing wave 5APE is most likely going 200+, it sounds stupid i know. I'll show you in a later post why.
But for now here's a short setup coming.
Ps. don't have to short there, ill just be monitoring the breakout and shorting the first rejection near those levels on the 15.
APE COIN - Was a Perfect Call ๐๐ฆ (Repeat?)We called the levels nicely on APECOIN and this could be time to repeat:
Price on Support of 14,95 and we could be tempted for a new Long position today.
ps. Keep in mind there is a rate hike today.. be careful and do some research..always Long a good chart on support but remember to hedge and go short on something at the same time.
See you later..tonight could be Epic.
One Love,
the FXPROFESSOR