I've been asked to analyse APE so here it is my point of view.
This seems a lot a bear flag, I don't think it could be a revival triangle pattern because volume is lowering, because I don't think market has bottomed and because I would have expected a left side of the triangle to be created from bottom to top and here is the opposite.
My opinion is that this is going to dump, you can see my two levels where price could slow down inside the flag. As price has bottomed I used Fib extension to see what could be the next bottom:
and it is around 1 USDT
If you wanna attempt a short it's likely the best two entries are gone:
you could try to enterer around 4.9 USDT if price gets back there.
Good luck
This seems a lot a bear flag, I don't think it could be a revival triangle pattern because volume is lowering, because I don't think market has bottomed and because I would have expected a left side of the triangle to be created from bottom to top and here is the opposite.
My opinion is that this is going to dump, you can see my two levels where price could slow down inside the flag. As price has bottomed I used Fib extension to see what could be the next bottom:
If you wanna attempt a short it's likely the best two entries are gone:
you could try to enterer around 4.9 USDT if price gets back there.
Good luck