[APE] Trend Change?
Potential diamond pattern to change the downtrend into an uptrend.
Two things I am watching if I am gonna take this trade:
1. Stock market still in hourly downtrend, I'd like stock to at least sideways to remove headwind for crypto.
2. Volume is critical for uptrend, I don't see increasing bull volumes, yet.
So I am neutral for now and keep an eye on APE.
Two things I am watching if I am gonna take this trade:
1. Stock market still in hourly downtrend, I'd like stock to at least sideways to remove headwind for crypto.
2. Volume is critical for uptrend, I don't see increasing bull volumes, yet.
So I am neutral for now and keep an eye on APE.
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.