APTOS - Crab Zone

22 בנוב׳ 2022

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

28 בנוב׳ 2022

הערה

Still in the Crab Zone - no direction yet.

5 בדצמ׳ 2022

הערה

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.

17 בדצמ׳ 2022

הערה

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.

21 בדצמ׳ 2022

הערה

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.

7 בינו׳ 2023

הערה

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.

15 בינו׳ 2023

הערה

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