Long

APE - WHAT WILL HAPPEN AFTER THIS SHORT TERM RETRACE

Updated

Contrary to the first scenario where I suggest a new all time low, this might be what is up to. We might just be on the journey of completing the last leg down of wave Y of wave 2-yellow and then the outburst follows.

If you see this scenario as more likely, then it is ok to hold your APE or reenter at $1.562 - 1.330 region and set stop loss at the invalidation level which is the previous low or all time low.

PREVIOUS ANALYSIS

APE ON ANOTHER DIMENSION - POSSIBLE ALL TIME LOW

OTHER ANALYSIS

ARBITRUM - POTENTIAL $3 AFTER THIS RETRACEMENT

FLARE - PROFIT TAKEN AFTER 271% SINCE LAUNCHPOOL

Note

The retracement came in handy. Unlike the other scenario where I expect to make a new ALL TIME LOW, I expect APE to begin it full BULLRUN journey from here. Goodluck if you've aped in.

Note

this scenario is ruled out coz it has been invalidated. Now the problem is not that we might not see a spike up from this current price the problem is if this scenario is corrective we won't be seeing that %6 instead it will be $4 max.

However, this scenario is now more appealing

as we will be seeing more down on and the next DCA point is $0.7 - 0.47

DewyCandles

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