APTUSDT Perpetual Contract
Mis à jour

APTOS Outlook continued...

154
APT has now reached the first key area of interest, it's still maintaining its structure in a descending wedge pattern respecting the trendlines.

BTC will ultimately decide the near term fate of APTOS as it's important bitcoin stabilises or even bounces before altcoins have any hope of doing so. With BTC having lost the 1D 200EMA support I'm thinking price will drop closer to the bullish OB 2 or even 3 before getting bullish.
Note
Returning to this idea just to see where APT managed to get to.

Looks like we had short term reactions off every bullish OB, however the overall downtrend continued to stay bearish and still does.

I think the time to flip bullish for a long term hold is soon. Between $3.00-4.00 If we sweep lows in Q3-4 of 2023.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.