Ape is looking extremely bullish here. You can see price has been consolidating in a downtrend since 2022.
Now price looks set to break upwards.
On Oct 22, we saw a strong move with high volume into the trend line. The next move up into the trend line should break the downtrend and move towards one of the resistance levels above.
I entered at $1.09.
Now price looks set to break upwards.
On Oct 22, we saw a strong move with high volume into the trend line. The next move up into the trend line should break the downtrend and move towards one of the resistance levels above.
I entered at $1.09.
Note
I'm out of this trade now. Think there's more likelihood that we see a correction first.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.