APT Technical Analysis in a 3-Day Timeframe

14 Ağu

Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.

Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.

Now, let’s dive into this chart analysis:

APT is in a downtrend with strong support at the $4.4 trendline. The price is currently facing resistance at the 21 EMA, and if it closes above this level, we can expect a bullish rally toward $15-$18.

If APT faces rejection, the $4.4 support level should still hold the price.

The RSI has formed a bullish divergence and is acting accordingly.

Key levels:

- Primary Resistance: $6.8
- Support: $4.4
- Target: $15-$18

DYOR, NFA.

Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!

Thank you!

#PEACE