I am currently opening a small position in APE.
We're well above our Keltner Channel and are about to fall back into it. We're also resting at the top of a major area of support.
Our momentum indicators TSI and MACD are starting to thin and I believe we'll see a bearish crossover soon.
APE is up over 11% from its last macro bottom and we'll need to see a pullback soon for it to continue its momentum upwards. This will be a cross-margined scalp position on top of my current BTC trade.
BTC is also starting to thin in momentum upward as well.
We're well above our Keltner Channel and are about to fall back into it. We're also resting at the top of a major area of support.
Our momentum indicators TSI and MACD are starting to thin and I believe we'll see a bearish crossover soon.
APE is up over 11% from its last macro bottom and we'll need to see a pullback soon for it to continue its momentum upwards. This will be a cross-margined scalp position on top of my current BTC trade.
BTC is also starting to thin in momentum upward as well.
