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Bullish
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$APT
seems to form a double bottom pattern here, where we are looking for a proper breakout of that neckline zone, after which we are going to look for a long position here as well!
#APTPriceAnalysis
APT Price
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APT
1.56
-5.45%
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$SAND is still under pressure and the price is riding the lower side of the Bollinger Bands, which tells us the short-term trend is still bearish. There’s no real relief bounce yet and sellers are clearly keeping control for now. From here it’s simple: either we get a bounce from this lower BB area, or the price keeps sliding lower. If we do see a bounce, the key thing to watch will be a clean break back above the middle Bollinger line. That’s the level buyers need to reclaim to shift momentum and make a proper long idea valid. Until that happens, it’s still a wait for confirmation of the spot. #SANDPriceAnalysis
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$POL is still based near the lows after a strong sell-off. Price is holding the local bottom, but buyers are still capped below the 100 EMA and the local high. That area is the key for any bullish continuation. If buyers manage to break and hold above the 100 EMA and take the local high, then a good opportunity starts shaping up toward the first target, with the bigger gap above acting as a magnet. Until that break happens, the game plan remains the same—wait for confirmation, not a full send yet. #POLPriceAnalysis
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$ARB is still stuck inside the range, but buyers are showing some life from the local bottom. Price is holding above that lower support and slowly pressing into the orange zone above. The key level is still that local high. If buyers manage to break and hold above it, then the game plan shifts to looking for continuation toward the major target zone. Until that break happens, it’s a wait-for-confirmation spot, not something to rush. #ARBPriceAnalysis
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$ETH is approaching the zone of EMAs, which is the major breakout point that we are looking for, in order to get that explosive movement to upper zones (just like last time we fell below EMAs). Key focus remains on that zone, while we are also keeping an eye not to form any new local low, which would endanger our game plan here. #ETHPriceAnalysis
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$BTC looks bullish, as the price is on the verge of forming a proper breakout here. What we are looking for is after the recent liquidity grabs, which formed some kind of triangle pattern, we are into the tight gap between the upper side and lower side of that pattern. Which leaves us with one way only, a breakout, so that's what we look and wait for. Once we get a proper breakout where buyers secure the area, we are going to aim for a long here for sure (although the current market price is already worth a long entry in my opinion). #BTCPriceAnalysis
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