fritzz

APTOS - Crab Zone

fritzz Actualizado   
KUCOIN:APTUSDT   Aptos / Tether
Aptos has been crabbing for the past 12 days.

If it closes a daily candle above, the target is $7
If it closes a daily candle below, the target is $2.75
Comentarios:
Still in the Crab Zone - no direction yet.
Comentarios:
top of the crab range, no close above. wicks above, rejection. We could see the bottom getting hit, too.

I wish I had made the crab zone longer.
Comentarios:

We did hit the bottom of the range. Seems to be holding so far. Once again, waiting for the direction out of this crab zone.
Comentarios:
Price broke down from crab zone, retested it and failed to find its way back in. Looks like $2.75 is coming.

A close back within the crab zone (above $4) is a buy. If that happens, first sell target is $5, and the second is $7.

Comentarios:

I was right in arguing that once there was a close below the crab zone, we'd see a leg down, but I missed the bottom by 10%.

If I see a close back in the crab zone, I try to buy around where the red arrow points, and then sell at the top of the crab zone for 30% profit.
Comentarios:

I didn't manage to get a position on this one. At resistance now.

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