It appears that #APTUSDT has formed a Bullish Pennant market structure at its recent high points.
If it can break through the diagonal resistance of this structure, there is potential for a strong upward trend to resume.
However, if APT fails to maintain a higher low, which is a sign of a local technical uptrend, it could signal that the trend has ended. In this case, the next significant level of support can be found in the red region below.
As the triangular structure continues to form, there is likely to be price compression towards the apex.
This suggests that #APT/USDT is preparing for its next significant move in either direction.
If it can break through the diagonal resistance of this structure, there is potential for a strong upward trend to resume.
However, if APT fails to maintain a higher low, which is a sign of a local technical uptrend, it could signal that the trend has ended. In this case, the next significant level of support can be found in the red region below.
As the triangular structure continues to form, there is likely to be price compression towards the apex.
This suggests that #APT/USDT is preparing for its next significant move in either direction.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.