Respects the trendlines well
Ape is ranging in a ascending channel in the shorter time frames and a breakout below the support of the channel might take to the support of the descending channel in the near future.
I expect a double bottom at 5$ or just a pump till 13$ or just 9$ which tends to be the nearest term resistance
Long from the support of the acsending channel upto the resistance of the descending channel, if broken hold until 9$ if not and bounced back then hold until 5$.
I expect a double bottom at 5$ or just a pump till 13$ or just 9$ which tends to be the nearest term resistance
Long from the support of the acsending channel upto the resistance of the descending channel, if broken hold until 9$ if not and bounced back then hold until 5$.
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