$APE COIN (Bored Ape Yachts) Head & Shoulders Short Confirmation
The head and shoulders on the $APE Coin chart have played out exactly the way I expected and I am currently in a short position accumulating more and more $APE.
I believe that we will see a move back to the .618 Fib level before can make a potential move upwards; however due to the very recent release and massive hype since its listing on major exchanges; if you've been in crypto for a few years now, every new coin dumbs, before it consolidates and pumps to higher highs.
Targets between the green take profit areas
SL: 12.4590 - you may move your stop loss in front of your entry or break even.
Enjoy your profits everyone!
I believe that we will see a move back to the .618 Fib level before can make a potential move upwards; however due to the very recent release and massive hype since its listing on major exchanges; if you've been in crypto for a few years now, every new coin dumbs, before it consolidates and pumps to higher highs.
Targets between the green take profit areas
SL: 12.4590 - you may move your stop loss in front of your entry or break even.
Enjoy your profits everyone!
