APE / TetherUSLong
$APE trade idea. Long for multiple breakouts.
Already broke out of a pennant pattern a few days prior.
Journal Entry:
LONG NYSE:APE
Temporary surge in trading volume, accompanied by a retest of the earlier breakout level supported by substantial volume.
Furthermore, the overarching trend has a downward trajectory, and there exists significant potential for a short squeeze.
Remarkably elevated volume during downtrends suggests active accumulation of assets, as evidenced by pronounced lower wicks on these declining candles.
Targeting orderblock for swing trade at $2.9.
TPs before then will be set.
Journal Entry:
LONG NYSE:APE
Temporary surge in trading volume, accompanied by a retest of the earlier breakout level supported by substantial volume.
Furthermore, the overarching trend has a downward trajectory, and there exists significant potential for a short squeeze.
Remarkably elevated volume during downtrends suggests active accumulation of assets, as evidenced by pronounced lower wicks on these declining candles.
Targeting orderblock for swing trade at $2.9.
TPs before then will be set.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.