Short Entry after Exponential Move

27 Oca 2023

Greetings, Snipers!

• Aptos has increased over 400% in less than 1 month
  
• The price is rising exponentially as it is now above the trendline of previous peaks
  
• Major correction is inevitable sooner or later
  
• A peak at $25 would correlate previous price actions to the Fib levels perfectly
  

If you are currently long, I would suggest taking partial profits.

In the shorter time frame:
Shorting now is too risky, as price is still consolidating despite a sharp increase.
We can patiently wait to see if the price would reach the $25 area, then short and close at $13.3 for a Risk-Reward ratio >4 (SL at $27.2).

Please be cautious as this is a high-risk trade with potential quick profits. You can wait for a breakout confirmation to the downside.

Happy Sniping!

13 Şub 2023

İşlem kapandı: hedefe ulaştı

Short target reached!

Congrats to those that took the trade!