Trade Setup for APT

1 de fev. de 2023

The idea is: Buy when the price breaks above 17.51$ and take profits at the levels shown in the chart.

Targets:

1. 17.7$
2. 18.2$
3. 18.6$
4. 19.1$
5. 20$
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What are triangles when it comes to trading?

Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.

2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.

3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."

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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!