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5.2121-5.3743: Support zone for conversion to an upward trend

BINANCE:APTUSDT   APT / TetherUS
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(APTUSDT chart)

(1D chart)
From a short-term perspective, it can be said that an upward trend is currently underway to transition to an upward trend.

Accordingly, the key is whether the price can be maintained above 5.3743 until the MS-Signal indicator switches to a bullish sign.

If that happens, it is expected to lead to a move to rise above 6.3793.


If it falls below 5.2121, there is a possibility that it will fall to around 3.5162, so you need to think about a response plan.


(1h chart)
In order to continue the upward trend, we need to check if we can receive support and rise in the 5.4616-5.6366 range.

However, if resistance is seen below 5.4973, caution is required as it may lead to a further decline.

At this time, it is necessary to check whether support is received around 5.1637-5.2406.

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** All explanations are for reference only and do not guarantee profit or loss in investment.

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.

** This chart was created using my know-how.

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www.tradingview.com/x/S94aDxa8

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