✴️ ApeCoin Hits Bottom? Correction Beyond 100% = Bullish!

٢ يوليو ٢٠٢٣

As you requested, we are looking at ApeCoin on the daily timeframe.

We can see a new low being hit June 2023.
As this low hit, volume started to rise. This is more apparent in other exchanges but still volume became higher in June than all throughout May.

The RSI is oversold and starting to print bullish divergence.

Other Altcoins are moving up, the bigger ones and the rest should follow in due time.

We also have a bearish cross between MA200 and EMA200. When a bearish cross happens, prices tend to move up.

The correction went beyond 100% compared to the Nov. '22 low.
All the stops were removed.
All weak hands removed... Liquidity can now be found up.

Namaste.