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Bikotrading_Academy
Oct 22, 2022 4:37 PM

APT - Coin in the game looses it's power Short

APT / TetherUSBinance

Description

â‹…
Reasons to take trendline breakdown:
- We already rose more than 20% in one day
- We are far from VWAP
- Volume is decreasing with every re-high. Buyers are getting weaker
- 4th touch
- 5 Elliot waves
- If we come to the trendline and base will form, I'll enter

Fix by parts:
1% - 1/3
2% - 1/3
What's left, hold to the maximum


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Comments
baba0071
â‹…
yes it is overbought and also not stable... going for too much bearish so it will be down soon to 6 or lower...
Bikotrading_Academy
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@baba0071, It will in midterm
JoeChampion
â‹…
I agree, my thoughts are going on the same direction
Bikotrading_Academy
â‹…
@JoeChampion, Thanks
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