APE takes a breath after the last growth move.
Hello everyone, let's take a look at the APE to USDT chart at 4H. As you can see, the price is moving in the uptrend channel marked by the blue lines.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 15.90, if the support breaks down, the next we have at $ 14.95, another support at $ 14.16 and another at $ 13.40.
Now let's move from the resistance line as you can see the first resistance is $ 17.89, if you can break it the next resistance will be $ 20.53.
Looking at the CHOP indicator, we can see that on the 4H interval, it can be seen that the energy that was collected was used for an upward move and we are currently accumulating and gaining energy.
On the other hand, the MACD indicator shows an upward trend.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 15.90, if the support breaks down, the next we have at $ 14.95, another support at $ 14.16 and another at $ 13.40.
Now let's move from the resistance line as you can see the first resistance is $ 17.89, if you can break it the next resistance will be $ 20.53.
Looking at the CHOP indicator, we can see that on the 4H interval, it can be seen that the energy that was collected was used for an upward move and we are currently accumulating and gaining energy.
On the other hand, the MACD indicator shows an upward trend.