To me, it looks like
APE just found resistance in the $17 region after forming a lower high on the 4HR chart.
Now I think this sets up the possibility for APE to fall much lower from these levels. I think from here, price will likely go back to test the bullish trendline and ultimately end up breaking it to find it's first key support in the $10 region.
However, from there I think price will likely break the $10 support and find it's real support in the $3-8 area.
Let's see how this plays out over the coming weeks.
Now I think this sets up the possibility for APE to fall much lower from these levels. I think from here, price will likely go back to test the bullish trendline and ultimately end up breaking it to find it's first key support in the $10 region.
However, from there I think price will likely break the $10 support and find it's real support in the $3-8 area.
Let's see how this plays out over the coming weeks.
Nota
Target hit.Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.