Potential diamond pattern to change the downtrend into an uptrend.
Two things I am watching if I am gonna take this trade:
1. Stock market still in hourly downtrend, I'd like stock to at least sideways to remove headwind for crypto.
2. Volume is critical for uptrend, I don't see increasing bull volumes, yet.
So I am neutral for now and keep an eye on APE.
Two things I am watching if I am gonna take this trade:
1. Stock market still in hourly downtrend, I'd like stock to at least sideways to remove headwind for crypto.
2. Volume is critical for uptrend, I don't see increasing bull volumes, yet.
So I am neutral for now and keep an eye on APE.