Original link: https://muyexi.im/jie-gou-mo-duan-shou-lian-dui-bi/
On April 13, the price of BTC reached the upper boundary of the shock range.
LOOKS triangles converge.
APE is in an ascending triangle, with explosive volume at the end.
The trading volume is too significant, choose to go long APE.
Looking back, although the trading volume of APE is significant, but the long upper shadow combined with Footprint, we can see that there is a large amount of supply at the top.
At 23 o’clock on the 14th, after APE broke through and tested the previous high (the position of the upper shadow line), it fell back to the shock range, so it took the initiative to stop profit. In contrast, the rise of LOOKS is more sustainable, with an increase of 18%.
This article is reproduced from: https://muyexi.im/jie-gou-mo-duan-shou-lian-dui-bi/
This site is only for collection, and the copyright belongs to the original author.