dRends35

APE - Profit Taking

dRends35 Updated   
COINBASE:APEUSD   ApeCoin
I'm exiting my swing position here but not touching my hodl allocation.

Currently APE is up 50% from my entry.

It is hitting resistance.

Its also a 1:0.618 from the low.

Hidden divergence on 4H RSI.

And most importantly BTC is in a drifting ascending channel - looking ready to fall.

I'll hopefully get back in near the low. If I miss it its fine i'll put it in something else but I think the odds favour the exit.

Not advice.
Comment:
Down we go.

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