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TheAnonymousBanker
Jan 9, 2023 12:36 PM

APE Coin: We have a bearish view in short term.... 😢 Short

APEUSDT Perpetual ContractBybit

Description

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Hello everyone!
We are most likely wrong but at the moment we are not attracted by the ApeCoin trend, so our idea is to sell this short-term rally. Technically, we see a area around 3.80 as a potential short-term bearish target.

Next resistance area on 1h chart:



If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖

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on intraday chart, trend is bullish, yet.
Comments
SwallowPremium
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Yeah, this bearish scenario can happen. Very technical analysis, great work mate. Thanks
TheAnonymousBanker
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@SwallowPremium, thank you!
Setupsfx_
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Great analysis 💡
TheAnonymousBanker
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@Setupsfx_, thank you!
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