After a prolonged correction, this asset found solid support at $4.80 and stayed there remarkably. At this level, we note a strong interest from buyers, with positions accumulated transferred to cold wallets (portfolios cold wallets). An intriguing strategy, isn’t it?
Technically, the second wave of the Elliott structure is now complete. The RSI indicator is also approaching oversold, while sales volumes are declining. Signs of a recovery are palpable.
In the context of a general market recovery, I predict that #APT could offer promising performances in the medium term, with the formation of the third Elliott wave above this year’s peak, at $20. If a weekly candle successfully closes atAbove this level, buyers could aim for the $35 mark.
Taking into account the current price, it might be wise to choose to allocate 10k USDT for example to invest in #APT as a continuation: Buy 5k USDT from #APT at current prices, while reserving the remaining 5k USDT in case of a correction towards the range of 4,$10. A well thought out strategy to make the most of this exciting financial adventure!
This is not investment advice. Investing in cryptos carries risks
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