The APE is moving in a range between two liquidity zones within a descending channel.
Price and RSI have formed a bullish divergence on the 1H Timeframe and a bearish divergence on the 30m Timeframe.
I expect that after accumulation in the lower liquidity zone the price will test the upper boundary of the descending channel and after fixing above it will start to grow.
Price and RSI have formed a bullish divergence on the 1H Timeframe and a bearish divergence on the 30m Timeframe.
I expect that after accumulation in the lower liquidity zone the price will test the upper boundary of the descending channel and after fixing above it will start to grow.
