![Aptos [APT]: Here are some levels buyers can watch out for](https://i.headtopics.com/images/2023/3/14/cryptoamb/aptos-apt-here-are-some-levels-buyers-can-watch-ou-aptos-apt-here-are-some-levels-buyers-can-watch-ou-1635634889776156672.webp)
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The H4 structure was beaten with an imbalance to retrace to This imbalance could offer a buying opportunity Aptos [APT] has been on a downtrend since 5 February based on the bearish market structure […]
gained by close to 20%, with room for further gains over the coming week as well. APT bulls can wait for a retracement before looking to buy.The altcoin’s price rose above the former lower high marked in orange and did so on the back of significant trading volume and in a single candle. This was an example of a powerful structure break and moreover, an imbalance was also left on the chart. Marked in white, this was an area where the price could retrace to in the coming days.
The $11.82 and the $11-levels are the ones to watch out for. It is likely that bulls can force further gains after a dip to these levels. The Awesome Oscillator showed firm bullish momentum and the OBV was also able to breach a local resistance. This indicated strength from the buyers.Aptos looked likely to face resistance in the $12.47-$12.92 area. A rejection from this zone and a retracement into the fair value gap could offer buying opportunities.
The Open Interest trended south on 13 March, even though the price steadily climbed higher. The last few hours saw close to $10 million added to the Open Interest. The long/short ratio was slightly in favor of the bulls, according toAlong with the break in the downtrend, the likelihood remains that bulls could force yet another leg upward for APT on the price charts.Subscribe to get it daily in your inbox.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Coaching at college level 'rewarding' for Sault's FortierWhile the workload is high, Sault Ste. Marie's Jason Fortier is thoroughly enjoying coaching at the University of Maine
Lire la suite »
College prospect Aidan McDonough signs entry-level deal with Vancouver CanucksThe power forward joins the Canucks after consecutive 20-goal seasons with Northeastern University.
Lire la suite »
Canucks sign forward McDonough to two-year entry-level contractVancouver Canucks sign McDonough to entry-level contract
Lire la suite »
‘It's incredible to see this level of play’ Brad Gushue’s latest Brier has his fellow Newfoundland and Labrador curlers buzzing | SaltWireIt is starting to become harder and harder to separate Brad Gushue from the Brier final. The Newfoundland and Labrador skip and his rink have won five of ...
Lire la suite »