Assuming this doesn't die, either a halving in price, or a reduction in price and a a lot more time, followed by a small rise, would be required for this to logically be ready to pump.
That is if people don’t forget about it
The 15 minute moving average is pointing towards a downwards trend, leading towards further lower highs along the trendline.
I'm expecting to see a climb towards 30k before this happens, but I'm not expecting a breakout this time around due to weakening bulls
It looks like we are going to see the price drop back to the $8 area before and new rallies. Hope some of you were able to short while we were in the descending triangle (I wasn’t lol)
This is an update to my previous TA. We've seen the price bounce off resistance levels of the trend line at $17. I expect to see a reversal from thus short trap at 14-1.43.
Due to extremely strong support I expect to see $ape reach higher highs. However I’m confident we are soon to reach a selloff and accumulation period.
If the price tops out and levels off before the next trendline, sell, otherwise hold.
