A lot of you might think that this Recent Breakthrough the Trend Line might be a Bullish Scenario for Aptos. That is absolutely correct! Most TextBooks would say that a Clear Breakthrough of Trend Line is a very Bullish Setup. However at the same time Markets love to do False Breakouts I think this is what exactly will happen. I still think Pressure remains to the downside
Key Reistance Areas : As long as we stay below $14.6 I think we have a risk of testing 10$ again and who knows if we lose Ten Dollars then no one will stop this thing to come at $8. If that $14.6 gets broken I will be absolutely wrong about it and change my opinion about its outlook. Also the Recent Upside from $10.6ish level doesn't looks Impulsive at all it looks like a Corrective Pattern.
Anyways let's see we have our Line in The Sand level at $14.6 so let the battle begin🙂
Key Reistance Areas : As long as we stay below $14.6 I think we have a risk of testing 10$ again and who knows if we lose Ten Dollars then no one will stop this thing to come at $8. If that $14.6 gets broken I will be absolutely wrong about it and change my opinion about its outlook. Also the Recent Upside from $10.6ish level doesn't looks Impulsive at all it looks like a Corrective Pattern.
Anyways let's see we have our Line in The Sand level at $14.6 so let the battle begin🙂