APTUSDT heading for 4h resistance level at 14.30
Updated
The last analysis post had predicted that the price will hit the daily support and bounce from there which did materialize. The price is bouncing after hitting the support. Now this bounce may go as far as the next 4h resistance level at 14.30.
Comment
Price moving as expected. However, just wanted to add that price might get a bit of resistance at R1 level around 14.10. Anyways stop loss now shall be moved to 13.23.Trade closed: target reached
Price hit the 4h resistance zone target as mentioned in the original post. The price did struggle a bit at R1 zone, but this resistance was not strong enough to stop the price reaching the target zone. This concludes this idea and therefore closing this here. What happens from here, I will share in a new post. But do expect this resistance to push the price back down.
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