APT / TetherUSמעודכן

APTUSDT wants the new breakout?

APTUSDT is testing a static resistance level on the 1-day chart, after a bounce from the 10 $ area where the market created a demand zone.

The demand zone indicates that there was a significant buying activity in the 10 $ area, which means that there is a possibility of new liquidity being added to the market. This could result in a new breakout from the $12.5 resistance level.

Based on Plancton's Rules, which are guidelines for trading cryptocurrencies, a new long position could be considered. If the price manages to break through the resistance level at $12.5, it could indicate a bullish trend, and traders could look to enter a long position with the expectation of a continued uptrend.
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Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
  • ⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
הערה
the price is testing the key level right now
תמונת-בזק
הערה
11%
תמונת-בזק

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