Today we took a look back at the APE/USDT . Ape coin announced few days ago that NFT Marketplace OpenSea is accepting ApeCoins from now! Price has dropped to $14 from where it bounced right up which gave us a confirmation that this support is strongly held by buyers. We see that as it it right now price is struggling near $15.3 from where we thing it will break out soon.
Our action is that we wait for the confirmation - for the price to reach at least $16.3 from where we are buying and holding until $20-22. We don't use stop loss for this trade as we see this coin is going to be a next gem in a long-term or even a mid-term
Our expectations are that it can fall to $16 after what it should bounce right up, if not sooner.
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Yours Sincerely,
Swallow Team
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