As we wait for a short-term uptrend to turn...

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Since the chart was created not long ago, virtually nothing is known.

However, since the HA-High indicator on the 1W chart is created at the 7.8396 point, if the price is maintained above this point, it is likely to continue the mid- to long-term upward trend.

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(APTUSDT 1D chart)
A volume profile section is being formed in the 11.8860-13.1054 section.

Therefore, price needs to stay above the 11.8860-13.1054 zone to turn into a short-term uptrend.

In addition, in order to continue the short-term upward trend, it must rise above the HA-High indicator, so it must rise above 17.4801 or shake up and down to make the HA-High indicator fall.

Therefore, the current price position is a difficult position to trade.

Since price needs to be maintained above the HA-Low indicator to initiate a trade, I think it is better to wait until the HA-Low indicator shows support.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

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