APE: market outlook for September 20
The market is in the uptrend on the Daily timeframe. The market reached the support level a few days ago and the pullback buying opportunity was formed.
Currently the price is around the resistance level and there is a chance that a correction wave may begin. In case of successful development of the trend, a more distant target will be on the highs of August 4 – 7, where the next resistance is located with the borders of $7.56 – $7.80.
When breaking through the support, the trend will reverse and we should look for selling opportunities. The borders of this level are $4.56 – $4.63.
Longs will remain relevant until the market is above the nearest support level on the Daily chart, the lows of September 15 – 17.
Currently the price is around the resistance level and there is a chance that a correction wave may begin. In case of successful development of the trend, a more distant target will be on the highs of August 4 – 7, where the next resistance is located with the borders of $7.56 – $7.80.
When breaking through the support, the trend will reverse and we should look for selling opportunities. The borders of this level are $4.56 – $4.63.
Longs will remain relevant until the market is above the nearest support level on the Daily chart, the lows of September 15 – 17.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.