Alpha-Bat

wave trend line and head and shoulder within

Long
BINANCE:APEUSDT   APE / TetherUS
APE should be moving up in the short term to complete head and shoulder pattern, but this does also means that it could go a little lower for the shoulder to complete, ultimately we are following a regressing trend line before it breaks away, plateauing as show on the chart.

red line is the short term expected price point, with the upper trendline as medium term price target.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.