FieryTrading

🔥 APE Double Bullish Divergence Signal: Big Reversal Bet

Long
BINANCE:APEUSDT   APE / TetherUS
APE is one of the weaker alts of the last two months. However, that doesn't mean that there's no money to be made. This signal is based on the idea that the bullish divergences will lead to bullish pressure in the near future.

For this trade to activate we will wait for the price to close the daily candle above the most recent local high. Stop under the recent lows, target at the 2023 highs.

If you trade more defensively, consider taking (partial) profits around 2.5 and 4.5

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