At the request of my friends, I thought I'd write two detailed analyses, otherwise I still feel that I am not very responsible.
(I don’t have much material to write about, hahaha) I will talk about this first$APT
Next article: REEF
As usual, let’s look at the structure first.
At present, the downward structure has been destroyed when breaking through 7.62. It is obvious that its high and low points are constantly rising.
After the formation, the rising structure also stepped back to the previous high of 7.42, and the test was effective. It can be seen that EMA21 and Vegas channel fast track also formed resonance here. Now it is still continuing this structural trend.
8.3 This is the current head position, the Vegas channel middle track and slow track are here
If it can fall back to around 8.3 and provide an opportunity to enter the market, you can consider making a long order.
Okay, let’s look at it from another perspective.
Judging from the key position of 7.5, from June 18 to October 1, the bottom was formed and the head and shoulders bottom was bullish. After breaking through the neckline of 7.5, it fell back to test whether the breakthrough was valid and confirmed that it continued to rise.
Current position visible above 10.25
This is also an important watershed of this bottom market. If it can break through, there will be a blank above, and no other resistance is seen.
This is the place to take profit on long orders, and you can also watch for the breakout to continue looking for opportunities to enter the market.
(Shorting is not recommended, I personally like to follow the trend)
You can also wait for it to hit a resistance and then retrace to see if it will destroy the rising structure and you can also enter the market. But these are all later stories. If you don’t get the chance, forget it. Let’s just look at the present and make money within our cognition.
Well, that’s the situation. In short, it will still rise. The trend is very good. If you have chips at the bottom, you can continue to hold them. See you in the next article
#加密市场急跌 #APT #layer1 #公链生态