APT Strong trend up
APT Trend remains strong. No weakness signals this far although it is quite overbought. Eyes on the accelerated trendline to find out whether the momentum is still up and going. If price holds the trend line, we will continue to make new ATH.
In case accelerated trendline failed, wait for 8,22-8,55 USDT area and seek for a reaction in the level. If the trend holds, it would give a better long entry point.
In case accelerated trendline failed, wait for 8,22-8,55 USDT area and seek for a reaction in the level. If the trend holds, it would give a better long entry point.
Note
Price reacting at the trendline. It needs to break above 20,4 USDT to confirm trend continues.Note
Accelerated trendline broken + volume being printed below 13,39 USDT points toward a down movement towards 8,77 USDT level. 12,5 USDT is the key support now, if lost, heading South
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Disclaimer
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.