APE / TetherUS
Long
Updated

APE.Usdt (Y22.P1.E1). Accumulation breakout

1 046
Hi All,

#APE

Accumulation breakout.
Price should range here or just use this top of B as support and launch to the key levels where profit is taken.

If BTC holds its current levels, this will make it more likely APE will be successful in getting to these targets.


All the best,

S.SAri

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Using the fib fan, we might find this level as support
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Note
Thanks to the SP500 dump due to FED interest announcements, we have many ALTS reflect. Otherwise we had good momentum on this chart.
Where from here?
I suspect a bounce but the flow of the trend has been hampered and confidence knocked.
FYI. BTC is doing a macro bear flag, just getting dragged out.

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Note
The potential is still there but another way to look at this structure
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Trade active
Now this is starting to look like a topic off formation. have your SL at the neckline of 1.272, or less than 17.69
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Note
I think its done now.
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