To me, it looks like
APE just found resistance in the $17 region after forming a lower high on the 4HR chart.
Now I think this sets up the possibility for APE to fall much lower from these levels. I think from here, price will likely go back to test the bullish trendline and ultimately end up breaking it to find it's first key support in the $10 region.
However, from there I think price will likely break the $10 support and find it's real support in the $3-8 area.
Let's see how this plays out over the coming weeks.
Now I think this sets up the possibility for APE to fall much lower from these levels. I think from here, price will likely go back to test the bullish trendline and ultimately end up breaking it to find it's first key support in the $10 region.
However, from there I think price will likely break the $10 support and find it's real support in the $3-8 area.
Let's see how this plays out over the coming weeks.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.