Technical analysis by behdark about Symbol APE on 4/19/2025
https://sahmeto.com/message/3426774

behdark
Rank: 31338
APE Analysis | Lost in the Jungle or Making a Comeback? (1D)
Neutral
Price at Publish Time:
$0.44377

The larger-degree APE pattern appears to be a large symmetrical triangle, and we are currently in the G wave of this pattern. The G wave is bearish, and within the G wave, we can also observe a smaller-degree symmetrical triangle.It seems we are nearing the final leg of this pattern, and we expect one more drop from the red box. If the price reaches the green zone, we may have a low-risk opportunity to enter a buy position.Potential targets are marked on the chart.A daily candle closing below the invalidation level would invalidate this outlook.For risk management, please don't forget stop loss and capital managementWhen we reach the first target, save some profit and then change the stop to entryComment if you have any questionsThank You
Source Message: TradingView