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APE Analysis (2H)

This is one of the coins that hasn’t shown any significant upward movement after the market’s heavy dump. In such cases, it’s better to look for the origin of potential moves. From a wave perspective, it seems to be forming a triangle, which could start from the green zone of wave E. Therefore, we’ll be looking for buy/long positions around the green zone.

Targets are marked on the chart.

A 4-hour candle closing below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

Zlecenie aktywne

After hitting the red zone, it dropped more than 16% and reached the green zone, where it has shown a reaction for now

Transakcja zamknięta: osiągnięto wyznaczony cel

After hitting the green zone, it pumped more than 11% and the first target was reached

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behdark

✅ Join our Telegram channel to succeed in trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN

💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark