🔥The best long scenario for APTOS❗ False breakout is a KEY🚀
🔥 Hi friends! APTOS is the most promisses altcoin that still not show it's growth after the listing. I think if BTC make a move to 19k, Aptos should make 100% pump. I am sure that this trading plan will be very useful for you.
A week ago we see the large BTC dump tp $15,500. As far as my subscribers alteady know, ALTs follow BTC in 99% of cases. So Aptos fall to closest resistance and even number 4$.
🚩 Due to the fact that new altcoins do not have obvious support or resistance levels (key levels, value areas), such even numbers become support and resistance: $1, $4, $10, $50, etc.
Take a look on the volume indicator. The volume bars is so huge on the last liquidations, which mean that a lot of long traders was trapped and sold most their coins. It will be nice to see the same this time.
📊 THE PRECONDITIONS TO OPEN A LONG:
1. false breakout of the key $3.44 level
2. volume growth which confirms the liquidations of the long traders
3. squeeze to the trendline
4. bullish BTC
🚩 Be aware of the whales manipulations with squeeze and false breakouts.
✅ THE MOST POSSIBLE TARGETS FOR APTOS:
🔥 $4 - the key level
🔥 $5 - the top boundary of the value area
🔥 $7 - the lower boundary of the value area, where the most tradres will close their possition
Traders, is it idea usefull for you? What is your main target for APT in this local pullback? Maybe you already have the prediction of global target? Write your expectation in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
A week ago we see the large BTC dump tp $15,500. As far as my subscribers alteady know, ALTs follow BTC in 99% of cases. So Aptos fall to closest resistance and even number 4$.
🚩 Due to the fact that new altcoins do not have obvious support or resistance levels (key levels, value areas), such even numbers become support and resistance: $1, $4, $10, $50, etc.
Take a look on the volume indicator. The volume bars is so huge on the last liquidations, which mean that a lot of long traders was trapped and sold most their coins. It will be nice to see the same this time.
📊 THE PRECONDITIONS TO OPEN A LONG:
1. false breakout of the key $3.44 level
2. volume growth which confirms the liquidations of the long traders
3. squeeze to the trendline
4. bullish BTC
🚩 Be aware of the whales manipulations with squeeze and false breakouts.
✅ THE MOST POSSIBLE TARGETS FOR APTOS:
🔥 $4 - the key level
🔥 $5 - the top boundary of the value area
🔥 $7 - the lower boundary of the value area, where the most tradres will close their possition
Traders, is it idea usefull for you? What is your main target for APT in this local pullback? Maybe you already have the prediction of global target? Write your expectation in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
Get access to the private club with VIP signals
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
Related publications
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.