During the dump a classical falling wedge pattern has appeared on APE's chart. Falling wedges are theoretically bullish reversal patterns, which can investors further proof to start going long APE.
Assuming we end the day green, we can safely say that APE has broken out of the pattern. If BTC will stop from dumping further we can see a bullish move over the next week or so at least.
Targets placed at recent points of inflection, $6 and $7.5
Assuming we end the day green, we can safely say that APE has broken out of the pattern. If BTC will stop from dumping further we can see a bullish move over the next week or so at least.
Targets placed at recent points of inflection, $6 and $7.5
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