I'm personaly deep ball into apt. That doesn't mean that's good decision. Till apt don't break above 10.8$ level it can heading down and more down.
So there is always few kind of traders. Traders which trade with confirmation in that case i will buy apt only once it break 10.8$ level and hold above that level atleast 2-3 candlesticks on 4h timeframe. DCA or Knife catcher in that case i will start buying apt from 8$ to 7$ and hold it till or 24-26$.
Apt for now is holding good between 8.3-7.4$ and should get bounce every day. First and main resistance is 10.8$ once we break that level we can consider there is very big chance for reversal trend. Break above 16.4$ would be confirmation for that apt is going to new high which would be atleast 24-26$.
Thats my personal view and DYOR before make any action about your own trade.
With respect your Rhino.
So there is always few kind of traders. Traders which trade with confirmation in that case i will buy apt only once it break 10.8$ level and hold above that level atleast 2-3 candlesticks on 4h timeframe. DCA or Knife catcher in that case i will start buying apt from 8$ to 7$ and hold it till or 24-26$.
Apt for now is holding good between 8.3-7.4$ and should get bounce every day. First and main resistance is 10.8$ once we break that level we can consider there is very big chance for reversal trend. Break above 16.4$ would be confirmation for that apt is going to new high which would be atleast 24-26$.
Thats my personal view and DYOR before make any action about your own trade.
With respect your Rhino.