TradingView
DanilBlinkov
Sep 29, 2023 3:08 PM

APTOS is pressing the counter-trend - will this be growth?! Long

APTUSDT Perpetual ContractBybit

Description

Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅

Friends, let's move away from BTC a little and pay attention to such an altcoin as APTUSDT, I will share my thoughts regarding the technical part.

I have been following this coin for a long time and watching how MM draws us an interesting pattern in the form of a downward global countertrend. And now the price is already starting to slowly tighten the trend line and I think that there will be some interesting moment ahead.

From the technical side: after the breakout of the countertrend we have two resistances ahead, the first in the range of $6.3 and the second in the 0.5 Fibonacci zone of $7.9 from which a strong correction may follow, since for a long time the buyer could not break through this zone and the price was in boletus and then a strong DUMP followed.

If I were making a trading decision at the moment, I would try to enter now for 2-3% of the deposit, no more than 2-3X per trade, but it’s best to just take the altcoin on short-term spot, it’s the safest.
More