TheChartWhisperer

Ape Neckline Re-test possible

BINANCE:APEUSDT   APE / TetherUS
I'm seeing a bearish divergence on the RSI and since we broke out of this inverse head and shoulders, but had not had our re-test yet, maybe something is cooking here. I think we have to be ready for a possible re-test of the neckline, which coincides with the bottom of the bollinger bands.

If we do drop there, im buying. Such move is not guaranteed by any means, as we are very bullish currently, who knows if crypto will just keep climbing up and up, but its hitting a strong resistance here and there might be some slowdown on the way.
Penafian

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