This is my analysis on
APTUSDT
Technically;
- The bulls are looking weak
- Bearish PA
- Bearish candle formation
- Resistance level (even this is weak)
Fundamentally;
- There is unlock schedule in next 3 days, and the unlocked coins is 10% of entire APT mcap. This will likely create sell pressure on APT in the open market.
What are your thounghts about my analysis? Share them with me in the comment box.
If this analysis makes sense to you, follow me now and support my idea.
Cheers!
APTUSDT
Technically;
- The bulls are looking weak
- Bearish PA
- Bearish candle formation
- Resistance level (even this is weak)
Fundamentally;
- There is unlock schedule in next 3 days, and the unlocked coins is 10% of entire APT mcap. This will likely create sell pressure on APT in the open market.
What are your thounghts about my analysis? Share them with me in the comment box.
If this analysis makes sense to you, follow me now and support my idea.
Cheers!
Trade closed: target reached:
Take profit is hit, enjoy!
Follow me for more.
Follow me for more.
Comment:
It crashed lower on Gate than other exchanges, something like slippage.