APETHB| Supertrend Reversal Pivot Point – Breakout Trade Setup
ApeCoin BITKUB:APETHB
Price action and chart pattern trading setup
> Possible local trend bullish breakout after the confirmed supertrend pivot point
> Entry zone below volume profile point of control POC – 0.236
> target zone at 0.786 Fibonacci retracement – volume profile key resistance
> Stop loss at the lowest position
> RR 1.5: 1 for short term trade
Indicators:
> RSI bullish divergence and crossed above 50 for a strong bullish signal
> MACD bullish divergence signal golden cross above baseline.
Always trade with affordable risk and respect your stoploss
Good Luck
