APTUSDT heading back at least to 4h support zone around 13.20
Updated
The price hit the daily support as expected in the last post and had a good bounce from the support zone. Now it has hit the 4h as well as daily resistance zone. This will push the price back to down. Let us target first the marked 4h support level around 13.20. We will reevaluate it after that.
Trade closed: stop reached
This did not go very well. The expectation of this idea was to get the price pushed back down the resistance. However, the price managed to break the resistance and then find the support on this broken resistance turned support. Closing this idea and a new idea with the evaluation of current price action will be posted.
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