Ape, currently under SEC investigation. It has formed a pretty clear triangle, broken out and retested the bottom. One measured move in red, targets the .69-1$ range. That target also lines up with a rouge spike low shortly after ape started trading, it was just a quick wick down to 1$. The other measured move would take it under .01..I think .69-1$ is likely as long as we don't see daily closes back up into the triangle. Bottom of the triangle currently right around 4.76... gl not financial advice, always do what seems best to you
Comment:
4 hr confirmed inverse h/s under way....target is 5$....max price i see is around 5.25 and that is looking through every angle on the charts...I think this hits 1$ and goes lower. Btc has consolidated for 4 days now and is looking to kill the shorts before a big drop. we are @ 4.64 now.... sec is going to hit these guys, volume was certainly faked, trends like monkeys....It will be different next time, maybe eventually this gets a legacy for being fist? who knows, but for now, next 6 mo, this is dying...lets rip near term and i'll see you at 1$