There's a couple things on APE im seeing:
Since there isn't much price history for this we can really only analyze it on the smaller timeframes. And even then, not much price history so a lot of APE analysis you see, including mine, could likely be a shot in the dark.
1) We have set a lower local low. If we set a local lower high then the previous uptrend is now done.
2) We have flipped the up trending zone of support to resistance. Not a great sign.
3) We have broken the ema ribbon and ichimoku bearish.
4) The green box has to hold as support or else we will likely move to $9
5) I would be careful with this coin. It is extremely new and has already surpassed a lot of coins in terms of market cap.
In my opinion, the confidence in this green box isn't high.
This is not financial advise and always remember to do your own research before entering a trade.
Since there isn't much price history for this we can really only analyze it on the smaller timeframes. And even then, not much price history so a lot of APE analysis you see, including mine, could likely be a shot in the dark.
1) We have set a lower local low. If we set a local lower high then the previous uptrend is now done.
2) We have flipped the up trending zone of support to resistance. Not a great sign.
3) We have broken the ema ribbon and ichimoku bearish.
4) The green box has to hold as support or else we will likely move to $9
5) I would be careful with this coin. It is extremely new and has already surpassed a lot of coins in terms of market cap.
In my opinion, the confidence in this green box isn't high.
This is not financial advise and always remember to do your own research before entering a trade.