SUP GUYS !
As I mentioned before In the last analysis for APECOIN , it declined exactly to the lower support again ,and wasn't able to overcome the pivot zone and the fell on the lower support zone ! ( => -37 % short (1x)🎯💰 ).
So today as we can see in 4H time frame, if apeusdt be able to maintain current support zone , the next target is the higher zone ( previous pivot zone ) , as before, my main target is still about the WVAP line ,if only if breakout the pivot zone with good volume as confirmation .
but take it in mind as may know , in crypto market everything depends on btc movements , and recently btc dominance has increased that can effects on altcoins. thus there is still a possibility to decline more , to LL (Lower Low) to form a double bottom pattern then rise ,or even fall to lower support lines !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
As I mentioned before In the last analysis for APECOIN , it declined exactly to the lower support again ,and wasn't able to overcome the pivot zone and the fell on the lower support zone ! ( => -37 % short (1x)🎯💰 ).
So today as we can see in 4H time frame, if apeusdt be able to maintain current support zone , the next target is the higher zone ( previous pivot zone ) , as before, my main target is still about the WVAP line ,if only if breakout the pivot zone with good volume as confirmation .
but take it in mind as may know , in crypto market everything depends on btc movements , and recently btc dominance has increased that can effects on altcoins. thus there is still a possibility to decline more , to LL (Lower Low) to form a double bottom pattern then rise ,or even fall to lower support lines !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
Note
previous analysis :
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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.
Related publications
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.