🐵 APE - WHAT NOW?

Sep 11, 2022

APE - 4hr chart

APE hit our profit target zone. Congrats to anyone taking the trade!

Although I think that we can make it to the next resistance zone (middle red zone), I'm taking majority of my profits now. StochRSI on the 4hr and the daily chart are (almost) at the top right now and I'm expecting a little bit of a pullback here to maybe retest the 200 EMA on the 4hr chart, which acted as support and resistance line before already. I may open a long position for a shorter term trade if we see a bounce there.

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APE is sitting at horizontal and diagonal support on the daily chart. The next major resistance zone is around 15% away from here. If BTC finds some strength, this could be a nice long opportunity for a longer term (spot) hold. If we lose support, watch for a drop of around 18-28% to the lows of June.

bbs.market🐵 APE - DAILY CHARTAPE is sitting at horizontal and diagonal support on the daily chart. The next major resistance zone is around 15% away from here. If BTC finds some strength, this could be a nice long opportunity for a longer term (spot) hold. If we lose support, watch for a drop of around 18-28% to the lows of June.

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