APEUSDT RECTANGLE PATTERN
Updated
Ape has been on rectangle consolidation since its lost support from its released price ($14.4) and its currently forming a bullish triple bottom in the pattern. Wait for a clear breakout from the first resistance in white before taking a long position to the highlighted tps in different colours. Ape can only make a new ATH if it closes above the last tp in red.
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Market is very volatile at the moment, some coins are diving up while some coins are diving down and the major coin btc keeps moving sideways. Ape has broken the first resistance level in white and this signifies a sign to buy with a tight stop loss at $13.08 which is just 3% risk from entry.
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