Raul_Dominguez

Going Short on APE

Short
FTX:APEUSD   ApeCoin
APEUSD

APECOIN seems to have top-out with the RSI indicator extremely overbought, and now it is pointing down.

It seems to have made a Falling Wedge Pattern, which is a bearish pattern, and about to break to the downside.

I’m going short here, with stop above August 5 highs.

Not a recommendation.

Good Luck to You
Trade active
Trade active
Trade closed manually:
Closing with a nice profit of 61.91% on my 7X futures position.

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