APT / TetherUS

APT - Bouncing from 0.618

175
After the false breakout of APT's falling wedge pattern we are now back inside of it. The most key level is our 0.618 which was our old resistance that has now been flipped into new support. We should expect a move back up to our trendline to confirm it as resistance. We are oversold on our 12H RSI so this relief rally back to the trendline seems likely. If we can no longer hold our 0.618 price will breakdown to the bottom of our falling wedge pattern which is in confluence with our 0.786.

Penafian

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