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sergidown
Jan 26, 2023 6:31 PM

APT Strong trend up Long

Aptos / United States DollarCoinbase

Description

APT Trend remains strong. No weakness signals this far although it is quite overbought. Eyes on the accelerated trendline to find out whether the momentum is still up and going. If price holds the trend line, we will continue to make new ATH.

In case accelerated trendline failed, wait for 8,22-8,55 USDT area and seek for a reaction in the level. If the trend holds, it would give a better long entry point.

Comment

Price reacting at the trendline. It needs to break above 20,4 USDT to confirm trend continues.

Comment

Accelerated trendline broken + volume being printed below 13,39 USDT points toward a down movement towards 8,77 USDT level. 12,5 USDT is the key support now, if lost, heading South
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