BEARISH BULLISH BEARISH
As we can see the market is currently bearish
on the 4hr.
APEUSDT
After creating a double top @24$ and stochastics
making a lower high. The market dumped hard.
Thereby failing to break the highs of 28$.
The trendline got broken and now we are
expecting a good pullback this neww week
to form a new lower high. Then a new low.
Before that happens, it will be best to see
price first tap 15.55$. Then we would look
for exhaustion around that area, when we
see it, Entries will be on lower timeframes.
16.25$ is also another level to watch out for
reversals.
Wish us a successful trading week ahead.
#
KC #Meekhillacademy #RICHMMDT
As we can see the market is currently bearish
on the 4hr.
APEUSDTAfter creating a double top @24$ and stochastics
making a lower high. The market dumped hard.
Thereby failing to break the highs of 28$.
The trendline got broken and now we are
expecting a good pullback this neww week
to form a new lower high. Then a new low.
Before that happens, it will be best to see
price first tap 15.55$. Then we would look
for exhaustion around that area, when we
see it, Entries will be on lower timeframes.
16.25$ is also another level to watch out for
reversals.
Wish us a successful trading week ahead.
#
KC #Meekhillacademy #RICHMMDT
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