I bought the early AM ETH dip and taking advantage of this golden opportunity granted upon us by the scarification of our LUNA brethren. Not financial advice, I am a novice and lost more than I've gained over the last year of Crypto trading. I am working on making it all back and more! GOOD LUCK TO ALL!!
My initial thought was about .65 pivot after the last correction but overthinking and a busy day with errands blindsided me into hoping for a drop even lower, therefore I did not open an order and missed a chance to make a sweet little profit as it did move from .65 to about .69 before a tiny retrace back into the .67s. The volume is very very steady at a normal...
I am learning, please do not take my advice at all. LOL.
I think based on the support levels, trend lines, 200 day & 14 day MAs and fib levels we will see an upward click back up toward last nights highs and beyond. After stopping out of my position just before the earlier correction dump, I am averaging back in slowly with SL in place in the event this does not confirm. I am only creating / publishing for my own...
I am only learning and not providing financial advice at all, testing this theory...perhaps we see some upward movement, briefly, before retracing back to about $12ish when we resume pump upward. I'm still somewhat determined there may be a hidden bullish diversion for longs in APE.
Will confirm if the the current retracement can withhold the "2nd level" support as indicated in my chart. A new impulse would then be predicted to reach .382 on the Fib before another correction. Just my opinion after careful analysis of the last pump and following Retracements.
Still long, we are holding above support, barely by a thread at the monthly close of Ape's first month of existence. Swing high little monkey.
UMA strong support at $7.59...needs to break above $8.500 resistance & top the 10 day DEMA to signal buy. 50 & 200 steadily approaching crossover would also signal bullish outlook. Weekly MACD already signals Golden Cross
I am publishing this chart with the current idea that I may wait for a buy in until this retraces back into the .84 range. My overall consensus is Bullish with a healthy pullback before the next target, .92+
Uncertain here, the Weekly is coming to a close, green Doji however in light of certain events in our geo political environment, I am going to wait for this next candle and take another peak assessing volume as well.
New level down imo - new shorting opportunity I'm guessing but what do I know. 11:04 AM MST Continue to retrace perhaps another bounce up at the hour close before another Retracements takes it down even further.
Topped at the 4 hour testing the resistance yet again. I do not see much upside unless ETH and BTC are able to surpass and hold above the 2750 and 39750 respectively. This is only my opinion however and will likely open a short position at these levels.
Today is 2/25 and we just double topped for the hourly, at 7:00 am MST Not looking like its breaking resistance yet, BTC the same as most Alt coins...