APEUSDT : Bullish potential till 17,50 (Short-term)

context :

After the recent Token listing the market is evolving within a classic pause range after an eratic raise right after the listing. APE is already providing 28% of its total supply in circulation with a 41 rank place on Coinmarketcap with €3,157,305,347.

We can be confortable to see a further trading range with a test of the 14,70$ before a tentative of bullish exit to 17,50 regarding the current historical data projection.

Key Element:

– Action/reaction (back and force move) between key triangle fibonacci ratio calling for Triangle pattern (16,50/9,70)
– Auto-similar move and fibo extension 17,50 and 21

Key support fibo at 11,20

From a Risk/rewards perspective i am quiet confortable to buy the coin to play the common part till 17,50

Enjoy my Friends !