APE / TetherUSLong
regression to low before finding new high
rising wedge suggests the APE is looking for a support price before pushing through resistant price set recently, if it stops at the 1st red line the wave should also be confirm, thus entering (5)
if it regress further it might find support at the 2nd red line.
overall an upward trend
if it regress further it might find support at the 2nd red line.
overall an upward trend
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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.