seems like we are seeing a rejection from the 0.618 Fibonacci level on the daily impulse for the apes. since we are still in the bear market there is a good chance we can see a swing to make a lower low.
I'm also seeing a partial take profit from the bulls which bought ape at around 3$.
please like and share this idea.
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trade active
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MOVE STOPLOSS TO BREAK EVEN
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trade partially closed manually will add to the position if we see a break below the low on the daily timeframe