📢 TRADING SIGNAL: $APT / $USDT
🔴 Direction: SHORT
📊 Confidence: 75.4%
📉 Technical analysis:
The technical structure confirms a strong bearish bias, with the price trading below the EMA20 by 0.6015 and the EMA50 by 0.6103. The RSI is at 28.28, indicating oversold conditions, while the MACD shows a bearish crossover at -0.009, validating the continuation of the triple top pattern. Selling pressure is evident with an ADX of 49.6, consolidating the downtrend after confirmation of the absorption of buys.
🎯 Trading levels:
🟢 Entry: $0.589
🛑 Stop Loss: $0.598
🏁 TP1: $0.577
🏁 TP2: $0.574
🏁 TP3: $0.568
⚖️ Risk/Reward Ratio: 1:1.33
⏱️ Timeframe: 1H
📐 Confluence: 5/5
The key level to watch is the immediate support at 0.5805; its break will confirm the entry, keeping as the main risk a possible technical bounce from the lower Bollinger Band at 0.5773.
#crypto #APT #trading
🔴 Direction: SHORT
📊 Confidence: 75.4%
📉 Technical analysis:
The technical structure confirms a strong bearish bias, with the price trading below the EMA20 by 0.6015 and the EMA50 by 0.6103. The RSI is at 28.28, indicating oversold conditions, while the MACD shows a bearish crossover at -0.009, validating the continuation of the triple top pattern. Selling pressure is evident with an ADX of 49.6, consolidating the downtrend after confirmation of the absorption of buys.
🎯 Trading levels:
🟢 Entry: $0.589
🛑 Stop Loss: $0.598
🏁 TP1: $0.577
🏁 TP2: $0.574
🏁 TP3: $0.568
⚖️ Risk/Reward Ratio: 1:1.33
⏱️ Timeframe: 1H
📐 Confluence: 5/5
The key level to watch is the immediate support at 0.5805; its break will confirm the entry, keeping as the main risk a possible technical bounce from the lower Bollinger Band at 0.5773.
#crypto #APT #trading