ApeCoinLong
APE: Major Weekly Trend Line Broken
APE has been trading below this major trend line since May 2022. As we can see on the weekly chart, APE has finally broken through the trend line and has reached the first resistance zone between $5.00 - $5.25.
Assuming the bullish momentum continues in the coming weeks, the next major target would be $6 - $6.25.
Invalidated with a break below the trend line.
Assuming the bullish momentum continues in the coming weeks, the next major target would be $6 - $6.25.
Invalidated with a break below the trend line.
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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.