Loud and Clear! Bullish Megaphone on APT 4h
Updated
This is a classic bullish Megaphone pattern on APT. Kinda feels like buying the top but all of the hallmarks are there, most notably the 5 waves, bullish entry, rising volume. I'm placing low margin longs and hoping to see a breakout to the upside when BTC breaks out of a bullish descending wedge pattern it is in on the 4h chart.
I'm still overall bearish on crypto for the longer term well into next year, but these patterns this morning are to clear not to enter swing trades.
I'm still overall bearish on crypto for the longer term well into next year, but these patterns this morning are to clear not to enter swing trades.
Trade active
We broke up as expected. This is going very well!Trade closed: target reached
played out perfectly and we are short and in profit now. 
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