APEUSDT | Descending Channel | Time To Rise Up Again

APE / TetherUS BINANCE:APEUSDT

KlejdiCuni

APEUSDT | Descending Channel | Time To Rise Up Again

1. What Is ApeCoin?

ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize a decentralized community building at the forefront of web3.

ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO, and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation administers proposals agreed upon by ApeCoin holders.

Technical Analysis:
The price is moving within a descending channel .

Now we can see a clear breakout from the pattern that can move the price higher again.

Targets on the chart!

Thank you and Good Luck!

You might be interested in …

Trading View March 2, 2022

ALGO USDT

ALGO USDT Algorand / TetherUS PERPETUAL FUTURES BINANCE:ALGOUSDTPERP harrisbandukda ALGO USDT 1H breakdown rising wedge pattern ALGO USDT 1H breakdown of rising wedge pattern and potential double top pattern as well. (based on news again, […]

Trading View April 6, 2022

bitcoin new update on S/R

Bitcoin new update on S/R BTC/USD COINBASE:BTCUSD Finnovin Bitcoin is right now so hard to trade, but it’s better not to react to every step of price movement with a sentimental decision. Stay tuned, keep […]

Trading View March 1, 2022

BTC Bull trap or not?

BTC Bull trap or not? Bitcoin / U.S. dollar BITSTAMP:BTCUSD Ronbaten The way i see it, already 8 candles under the EMA 50 on the weekly is bearish . Do we just see a retest […]