HOW I EXPECT APE TO MOVE IN FEW HOUR TO COUPLE OF DAYS ON THE LT
Since we only have macro timeframe analysis on APE I have decided to share a little scope on the lower timeframe for you all who are interested in scalping or day trading.
I expect price to retrace to the 78% Fibonacci level to complete the wave 2 and that place is the perfect level to take a long since according to the higher timeframe we expect price to reach at least $1.4-5.
This lower timeframe (15 minutes) those not really affect the context of the larger timeframe therefore the invalidation level is stated clearly on the chart.
If it invalidates I will make sure to update.