APEUSDT " Descending Channel "Breakout

APEUSDT Current Market Status

APEUSDT Price Prediction 2022

Descending Channel also known as the falling channel . A descending channel is formed by two parallel trendlines . The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.

Currently, APEUSDT is in the range of $3.886. If the pattern continues, the price of APEUSDT might reach the resistance levels of $7.700 ,If the trend reverses, then the price of APEUSDT may fall to $2.678

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