This is a risky trade so keep your stops tight.
Personally, I don't trade any coin which does not have enough data on the daily timeframe. But taking a small risk in this one.
APE is forming lower highs and lower lows on the 4h time frame after forming a high volume shooting star. Breaking below 20.5 just confirmed the reversal and Macd has also given bearish signal. Short it here with the target of 17.5 and 16.5.
Personally, I don't trade any coin which does not have enough data on the daily timeframe. But taking a small risk in this one.
APE is forming lower highs and lower lows on the 4h time frame after forming a high volume shooting star. Breaking below 20.5 just confirmed the reversal and Macd has also given bearish signal. Short it here with the target of 17.5 and 16.5.
Trade closed: stop reached
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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.