APEUSDT is looking sort at current levels from Short to medium term. Currently as per wave analysis 3rd wave has just ended and abc should start very soon. I have personally taken short positions. Lets see.
APE is retesting the trendline which working as support and resistance for a long time. If APE daily candle closes above the $3.82 level then we see a move toward the $4.20 area. If the price is unable to go above the $3.82 level then we see a move toward the $3.328 support level.
Looking at the Apecoin technical chart, the price level has faced significant selling pressure since August and is almost down by 43.00% since then. Considering the current trend, APE is struggling between 0.236 FIB level to 0.382 FIB level. Above 0.382 FIB level, there’s a strong resistance zone in which the price level is unable to maintain sustainability. MA-50...
ape short !!
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Once check out the chart of APE/USDT forming a perfect symmetrical triangle pattern of in 1 hour timeframe.
Support at $13.1
Resistance at $14.3
Risky traders can trade at support zone and resistance zone by longing and shorting. But use Strict sl because its new coin which has huge volume and more volatile. A small dump/pump makes huge loss and...