APE has had quite high volatility these recent days.
On 4H Timeframe, it seems to form a bullish bat pattern. I anticipate an early leg down here before a possible reversal at point D ($11.6). But the first stop for good profit should be $13.8 (quite good support at this level).
One reason for this early reversal prediction is that there is a Bearish spinning top candle formed.
On 4H Timeframe, it seems to form a bullish bat pattern. I anticipate an early leg down here before a possible reversal at point D ($11.6). But the first stop for good profit should be $13.8 (quite good support at this level).
One reason for this early reversal prediction is that there is a Bearish spinning top candle formed.
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This is not a bat pattern. Invalidation. I think finally it would be a shark or cypher pattern.
