APE / TetherUS
Long
Updated

A possible breakout with cup and handle formation

APE coin is forming a textbook cup and handle price pattern on 1h. Stoch and OBV have crossed bullish as well with MACD losing momentum of the downside.
I am also seeing a DB created around 50EMA

Entry: 16.3759
Stop: 15.85
Trade closed: target reached

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