APE is high volatile and loses 50% in just 5 days. But I think the reversal could be very soon because the volume continues decreasing (when prices decreases).
I'm using again Bullish Bat pattern to predict the reversal point. I depict also the trendline and support/resistance to guess the next moves of APE.
I'm using again Bullish Bat pattern to predict the reversal point. I depict also the trendline and support/resistance to guess the next moves of APE.
Comment:
Reversal point: $12.8; Target: $17.7
Trade closed manually:
APE didn't get to the predicted entry ($12.8). On the one hand, BTC has reversed and gone up rapidly reacting to the FED news (in correlation with stocks). One the other hand, I think that harmonics pattern would not be applicable for highly volatile coins in general, and for APE in particulier (I did a previous prediction for APE & it was invalidated also).
Trade active:
BTC and stock has falled today after a sudden rise yesterday.
This gives an opportunity to reactive this trade.
Let's see if APE will reach the target ($17.7)
This gives an opportunity to reactive this trade.
Let's see if APE will reach the target ($17.7)
Trade closed manually
