ApeCoin been in a downtrend almost since birth, and it seems it formed a descending triangle pattern. Recently, APE bounced off the bottom line of this triangle and started an upward wave. Let's see if APE can break the triangle pattern upward or not.
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So, after APE broke the major downtrend line, it made a pullback, and now is going up.
So, after APE broke the major downtrend line, it made a pullback, and now is going up.
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So, APE reached the first horizontal resistance area, but couldn't break it. Thus, APE went into correction. It seems APE in moving in a minor ascending channel. Let's see what happens.
So, APE reached the first horizontal resistance area, but couldn't break it. Thus, APE went into correction. It seems APE in moving in a minor ascending channel. Let's see what happens.
It seems APE finally made a reversal. Let's see what happens.