Ape seems to be forming a triple bottom at this level which has acted as support recently.
Multiple bullish divergences on multiple timeframes (daily, 4H and, 1H and 15m)
Open interest is steadily climbing to the levels seen at previous all time highs, implies people are expecting a move.
Fibs line up with two supply zones and a previous lower high and I expect a move towards these regions.
Targets:
- 7.6
- 9
-10.3
Multiple bullish divergences on multiple timeframes (daily, 4H and, 1H and 15m)
Open interest is steadily climbing to the levels seen at previous all time highs, implies people are expecting a move.
Fibs line up with two supply zones and a previous lower high and I expect a move towards these regions.
Targets:
- 7.6
- 9
-10.3