ApeCoin / Tether
Long
Updated

ApeCoin (APE)

733
ApeCoin been in a downtrend almost since birth, and it seems it formed a descending triangle pattern. Recently, APE bounced off the bottom line of this triangle and started an upward wave. Let's see if APE can break the triangle pattern upward or not.
Note
snapshot

It seems APE finally made a reversal. Let's see what happens.
Note
snapshot

So, after APE broke the major downtrend line, it made a pullback, and now is going up.
Note
snapshot

So, APE reached the first horizontal resistance area, but couldn't break it. Thus, APE went into correction. It seems APE in moving in a minor ascending channel. Let's see what happens.

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.