This is note of an idea i saw about $APE coin and to be honest im not sure that a lot of people are predicting prices beyond their “Feelings” about them. I got in and watched the divergances taking place, so i added more to my pot. I set a couple lines up and even used this nice formula i created when seeing RSI levels.
To be honest, i completely didnt agree with what i was seeing. According to my calculations it was going to jump something like 33.5% but i was like (So what, if it doesnt then it doesnt)
SO i set up a take profit ONE to pull back 70% of my entry.
Then i set a Take profit TWO to release the rest.

…..the next day it SKY ROCKETED!!…… ill never say my formula doesnt work….

THis morning im reading someones “idea” about $APE going long to $20 something and im like ?!?!? no….just no.
I think we are still in the effects of the retail traders selling off while the big investors are still in it for the long haul.

My message to that persons “idea”
no idea how to you go to that conclusion. APE is going to 9.8724 shortly and will then bounce DOWN into a farther downtrend. Right now its UNDER its longest and most supportive trend line . This implies sell-offs are taking place to drive price down for a MUCH better number. Then wales will come in and buy up MORE really cheap shares causing a pump.

Just watch for your divergences.

tradingview.com/x/kSStQOxm/

Sory if i sound kinda hards but you need to trade WITHOUT feelings or sentiment and look at the facts if you want to be profitable.