APEUSDT forms a conglomerate of patterns, the realization of which can lead to a trend change or forging rally. A bear market may change to a bull market
The coin has found a bottom by forming a strong pattern. Consolidation is forming, but local prerequisites give an opportunity to the growth of the coin. On the local timeframe the price broke the trend resistance and is testing the upper boundary of the triangle. A break of the resistance will give the bulls confidence, which may provoke the formation of a rally. It is worth paying attention to 1.321. Consolidation above this area will be a strong confirmation of the trend change.
Support levels: 1.120 Resistance levels: 1.25, 1.32
I expect the growth to continue after consolidation above the key liquidity area. Consolidation may move to the realization phase.
Regards R. Linda!
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A correction to the previously broken channel resistance is forming and the bulls are holding their defenses above this zone. We are waiting for a breakout of the triangle resistance and further impulse
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Consolidation above 1.321 may trigger a rise to the above targets