I've gone and adjusted some of my trendlines and based on trendlines, we may be seeing a bounce off that golden line. It has been a very important level for months. There is the smallest uptrend in both OBV and RSI that may indicate a bounce. If we clear the falling wedge, ideally with some volume, this may indicate a bullish divergence. I would be looking for a consolidation phase between $8.18 and $10.10.
If we can match that bullish trend line we had again, or potentially break it in the next 1-2 months, that would be where I'd expect the next rally. If you believe in the T90 on APE coming to fruition, this would be in the ballpark for a run simultaneously.
If we can match that bullish trend line we had again, or potentially break it in the next 1-2 months, that would be where I'd expect the next rally. If you believe in the T90 on APE coming to fruition, this would be in the ballpark for a run simultaneously.
Note
Breakout with a healthy retest--love it. I'd be taking calls if I had the option.Note
The rising trendline continues to be validated
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.