APE has been all over the place lately. However, with Smart Money theory, we canb digest where this coin is going next. On the 1 hour time fram it looks as if this is going south. Buit larger time frames Trump smaller ones. The 4 hr time fram has a break of Structure, meaning that the 4 hour candles close higher than the previous highs close. The Wicks do not matter, the closes are what matter. And with the 4 hour closing much higher, this is a bullish sign to the chart. TRherefore according to Smart Money theory, we should see a bullish move at the order block which it has just entered. the order block is the last bearish candle prior to a bullish candle that closes above it.

(P.S. I Found a great indicator for Smart Money Markings. Search for “Super Order Blocks / FVG / BOS TOOLS” and that’s the indicator, hyou’ll see they’ve coded exactly how I normally make my charts)

Siut has entered the order block and it can go as far as the bottom, however, it really shouldn’t go past the median of the body of the 4 hour bearish candle in all honesty. If it does it could be more bearish . I do not believe this will be the case. So I’m Longing it here and aiming for the first high just prior the bearish order block.

We’ll just have to wait and see if I am correct on my assessment

Cheers