WatsonsView

Short APT @ 5.26 USDT 10x leverage

Short
BINANCE:APTUSDT.P   APT / TetherUS PERPETUAL CONTRACT
Before I begin, thank you, MrTroubleX for pointing this out in our community.

APT had a massive rally over the weekend but momentum is thinning and I'm taking a position moving forward.

This coin is extremely overextended in MACD and TSI. They are both starting to consolidate and I expect a crossover to happen soon.

If you guys don't know when Ichimoku Cloud flip from bearish to bullish localized pullbacks tend to happen on the asset in the support and resistance areas of the coin.

Our RSI also looks like its about to move under the SMA line which is another bearish cross.

There is not a lot of momentum left in this coin so I am taking a position now and I may add onto my position as time goes on.



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