APE - NEXT PHASE 1

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Assuming all that point to $1.5 is a complete cycle wave 1 and we are already in a 1-2/1-2 on the journey $4-6 on the short to midterm bull run.

The chart is quite self explanatory. for this scenario, wave 2-blue could end at this moment and the bull run begins or we get a deep retracement to the 78-90% Fibonacci level. However price can't price touch the previous swing low (invalidation level)
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This scenario is less probable but if you're invested in it the invalidation level is still the same APEUSDT
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Incredible. Now let's see if the daily/weekly candle is able to close above that strong resistance
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