APTUSD broke above the downward trend line to break out of the bullish wedge / pennant pattern. Also broke to new highs above previous resistance. Price broke above period 250MA.2 weeks ago they released $250m of locked coins. This barely impacted price.
Looking for a 2:1 risk to reward, based on the height of the wedge. Stops below previous major swing low.
Trade closed: target reached
🎯 Smashed initial targets.. Holding this with a trailing stop loss.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.