APE is trading under liquidity and a bearish takeover has been formed on the 4H Timeframe at the peak.
Price and the RSI chart have formed a bearish divergence (4H TF) with the indicator itself signaling a shift of initiative to sellers.
The stock is testing 50EMA as support (4H TF)
I expect a fall after the price fixes under the liquidity zone.
Price and the RSI chart have formed a bearish divergence (4H TF) with the indicator itself signaling a shift of initiative to sellers.
The stock is testing 50EMA as support (4H TF)
I expect a fall after the price fixes under the liquidity zone.
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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.