APEUSDT

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Hello dear friends

On the daily time frame, the positive divergence of the RSI with the downtrend line has created a bearish wedge pattern for us. Until the $5.584 range is fully consumed, the bullish outlook is weak.

But if the range of $2.618 is maintained, we can hope for the completion of the wedge pattern.

On lower timeframes, the drawn bearish scenario is very likely. However, if the range of $2.618 is maintained, the possibility of a bullish scenario will also be strengthened.

We would be happy to hear your comments
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The downtrend line was broken upwards.

Due to the consumption of the $3.526 range, the lower area can be seen, as a result, the probability of a reaction to the $4.952 range is high.
If the $5.584 range is fully consumed, the possibility of seeing higher areas is strengthened.
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