without_worries

ApeCoin (APE)

Long
BINANCE:APEUSDT   APE / TetherUS
On the above 4-day chart price action has corrected by 90%. Today is great long opportunity. Why?

1) RSI and price action resistance breakout.

2) Multiple oscillators print bullish divergence with price action (orange circle)

3) Price action prints on past resistance since breakout. Look left.

Is it possible price action falls further? Sure.
Is it probable? No.

Ww


Type: trade
Risk: <=6% of portfolio
Timeframe: Now, don’t sit on your hands.
Return: no idea
Trade active:
an excellent moment
Trade active:
resistance breakout
Comment:
"What do you mean by resistance breakout?" came a question..

Daily
Comment:
Support on past resistance confirms.
Trade active:
now...
Comment:
Past resistance confirms support.
Trade active
Comment:
now

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

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Allow 3-6 months on ideas. Not investment advice. DYOR
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