Short

APE : UPDATED

Updated

Support and resistance
Now it's on decision again
Wait for next daily candle close for confirmation

For 2Hr timeframe, Look at RSI ,
we can hit this support and bounce up like earlier (small correction)
or we fall lower & do bigger correction ,
(Likely this choice as the targets all hitted)
.
anyways.. always place SL at ur acceptable risk and GL

Note

If break out 23.70 and the level holds then we are going to 28$ again

Note

possible scenario since it can't stand on 23.70

Note

17.40 -17.50 always been my target since I posted this analysis

Trade closed: target reached

:) So much fun LOL

Note

Potential scenario A

Note

will be bullish after break out 20

Note

it's powerless, possibly pull back to 17.30-17.40 only or just move down from this point onward, no more pull back

Note

Trade closed manually

Looks like APE has difficulty going down as it pulled back just 17.30$
now everything is oversold
and STO. on daily timeframe about to cross up

Note

for UP scenario

For down scenario

- its on decision, wait for confirmation with BTC

Note

Wait for pull back on 30M timeframe for confirmation to enter LONG

Note

Global channel look like this, Now just hit the first resistance for upward movement

baby_rhino

Also on:

Related publications

APE : GLOBAL VIEW

by baby_rhino

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