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LA_Designer
9 Haz 2022 04:05

APE: Update Alış

ApeCoin / United States DollarCoinbase

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On the 4H chart (and other timeframes), we can see bullish divergence forming where the price action is heading lower and the RSI is making higher lows. This could be a sign of a small reversal coming soon.

Currently, the 4H 50MA (orange line) is acting as resistance, so if we get above that, that would be a good start for a move up.

Support is at $5.20. A break below would invalidate this idea.
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