Today we took a look back at the APE/USDT . Ape coin is still a very strong project in our opinion and has a bright future ahead but it is having some hard times as most of other coins are having. We think that the price should not go lower then $4.5 but we are setting out buy zone near $6.5 as breaking from that triangle form would be main confirmation for us.
Our action is that we wait for the confirmation - for the price to reach at least $6.5 from where we are buying and holding until $10-12. We don't use stop loss for this trade as we see this coin is going to be a next gem in a long-term or even a mid-term
Our expectations are that it can fall to $16 after what it should bounce right up, if not sooner.
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Yours Sincerely,
Swallow Team
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