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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.
NYSE:AMCLong
by STAKKNATION
🐒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. --- 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. 💰
Long
by notoriousbids
1
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!
Long
by DU09
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
FTX:APEUSD
by MillionaireEconomics
3