APE: Will It Finally Stop Bleeding? Bullish Divergence!

١٧ يوليو

APE came on the market with a bang, but has been severely underperforming Bitcoin (and most alts) since it's inception on Binance. Very disappointing price action for holders.

Nevertheless, there's a small chance that APE has bottomed. On the weekly, there's a strong indication for Bullish Divergence, which could lead to a sizeable move in the coming weeks and months.

I'm keeping a tight stop loss and a target at 5$. This will result in a trade with a very good risk-reward of over 23.