APE ANALYSIS
APE / TetherUS PERPETUAL FUTURES BINANCE:APEUSDTPERP
APE is interestingly forming a corrective Elliot wave 2 pattern on the 4 hours timeframe.
The “d” is the next resistance target after which a retracement to “e” (support) will occur before we could see a new “ALL TIME HIGH”.
You can buy around $12 – 12.25, set your stop loss at $11.82 and take profit at $13.10 – 13.4 for quick profit.
If all analysis fails, (which is very, very unlikely) then we will see a retest of the 0.78% Fibonacci retracement level around $9.4.
