ChasingTheMoon

Overall, the Crypto market looks pretty shaky. A top appears to be forming in BTC in the form of a Head and Shoulder Pattern. Until the market makes some decisive moves, we are seeing Alt Coins create some interesting patterns and various forms of consolidation. $FWB:PEPE is getting my attention today with a very clean Inverse Head and Shoulder (IHS) Pattern. Let's break this idea down. IHS forming at the bottom of the market. Market has pulled back into the "Golden Pocket" of the range. As measured from the Head to the top of the impulse (preceding the pullback). A small base forming on the Golden Pocket, indicative of buyers support at this level. 33% gain if we are targeting the supply gap above us. Be aware that the correlation of Alts and BTC remain high, if BTC is to move downward, this bullish structure would be at risk. This is for educational purposes only and is not to be considered as financial advise. Please do your own DD and operate within your risk parameters.

> APE coin highlighting a previous level of demand. > Trend is still down, potential for 20%+ upside >> RR = 2.67~ > APE coin highlighting previous levels of demand. > Decent potential for a move up off the current level with moderate SL. > potential estimated 20%+ move >> Target level is a cluster of resistance and supply across structure shoulders/peaks > Given the overall market trend, should not expect any large breakouts/upside moves.Decent supply just above;

- XABCD Pattern - 3X RR - buy now or wait for minor pullbacks on lower timeframe

- XABCD pattern - BTC on a confluence of support. - Take profit #1 at 28-30% - Take profit #2 at 50% (C) - Aggressive SL just below (D) - Conservative stops below 88.6% or X

- Bullish RSI - Price at apex of triangle - BTC looking bullish - let's get some!

- Daily Stop on 200EMA - XABCD pattern in play - Price stopped on support level. - Wolfe Wave still in playWOLFE WAVE

- Stopped on the 200EMA - confluence w/ demand zone + 1.272 Fib ext. - Strong Bullish Hidden Divergence - Gartley Still in play.

- Time to buy is now - Target the 50% line - SL below Head - Good luck.

- XABCD Pattern - Buy on D - Target C - or take profits incrementally toward C

- BTC currently testing demand zone from March - potential Wolfe Wave here - Would change profit taking strategy for 70% at (4) and; - the difference at (2) (SL to BE after (4) is hit. - Also an XABCD pattern to add a decent confluence. Note: a bit of caution here as the weekly is looking pretty bearish. do your Due dil. Good luck.Strong bullish Hidden Divergence on the daily: