✳️ ApeCoin Hits Bottom (Beyond 210% Potential)
Here is an interesting chart... When you look at it from this perspective, APEBTC, is there a way to know if it bottomed?
This week of course is green and also a Doji and we have some volume coming in, which is the highest volume bar weekly since January, other than that there isn't much to look at.
Now let's focus our attention on the main chart above, APEBTC 1D, here we can find additional signals.
Let's start:
1) The All-Time Low 13-July has less volume than the low 10-June. So we have new lows with decreasing volume.
2) The following day we have high buy/green volume while prices move above EMA10 and EMA21. This is the volume we saw on the weekly timeframe.
3) The most revealing signal is the bullish divergence with the MACD:
4) The RSI hitting an ATL in late June but now trading above 40 is another giveaway signal...
We are likely looking at a bottom catch here, huge potential.
✔️ Remember the plan, if it goes below the last low/stop-loss/support, then out.
✔️ If it goes continues rising, strong upwards potential.
Low risk vs a really high potential for reward.
This is not financial advice.
Thank you for reading.
Namaste.
This week of course is green and also a Doji and we have some volume coming in, which is the highest volume bar weekly since January, other than that there isn't much to look at.
Now let's focus our attention on the main chart above, APEBTC 1D, here we can find additional signals.
Let's start:
1) The All-Time Low 13-July has less volume than the low 10-June. So we have new lows with decreasing volume.
2) The following day we have high buy/green volume while prices move above EMA10 and EMA21. This is the volume we saw on the weekly timeframe.
3) The most revealing signal is the bullish divergence with the MACD:
4) The RSI hitting an ATL in late June but now trading above 40 is another giveaway signal...
We are likely looking at a bottom catch here, huge potential.
✔️ Remember the plan, if it goes below the last low/stop-loss/support, then out.
✔️ If it goes continues rising, strong upwards potential.
Low risk vs a really high potential for reward.
This is not financial advice.
Thank you for reading.
Namaste.
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