APEUSDT We can see that APE has been in a downtrend since its last high in April 2022. After that, it started to decline and formed a descending channel. We are now approaching the previous low, and it seems that the bearish momentum is decreasing. Additionally, we can observe oversold conditions on the RSI indicator: so there is one scenario, it will happen scenario 1: if we close a weekly candle above the previous support level; the price will go up to the middle of the channel. scenario 2 : if we close a daily candle below the First offering price, we will form a new low for APE.
Please like and comment so that I can continue.
Trade ativo
if we break the resistance of the channel, We're going to $4.6, then $6.9, then $11
Trade ativo
We will retest the $1.07 support and I think the price will be rejected from it because it is a strong buy zone
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.