WatsonsView

Short APT @ 5.34 10x leverage

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BINANCE:APTUSDT.P   APT / TetherUS PERPETUAL CONTRACT
After having a wildly successful trade, with a profit of 22% yesterday, I am re-entering my position in APT.

Our MACD and TSI, again, are thinning after we saw a 4.7% pullback from our last position.

RSI on the 1-hour and 4-hour charts is incredibly overvalued and I don't believe we'll continue to have support in this range.

We just broke up and re-entered our Keltner Channel, another sign of a reversal coming.

Our Ichimoku cloud doesn't show support until the 5.100 area.

This is a newer coin so the established support and resistance levels are not going to be highly effective right now as there has not been a long history of price action established.

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