I believe apt can rally and fill the fvg maybe even go higher than it
The dump we had recently touched ema 50 weekly and bounced on it
It could rally If price goes below ema then SL
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Price pulled back to ema 50 weekly and is currently testing it A bounce on it would give us a nice pump
Closing below it would be bearish
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if you are trading futures, as long as price stays above ema 50 and closes above it should be fine to long, although alt coins can wick rly bad and still close above so beware of this, never trade huge leverage x huge position size
if it goes below it's better to SL and prepare a new plan to avoid big drawdown in futures due to leverage
if you are holding spot, what I'm doing is that I'm accumulating APT from here down to 2$ if it ever goes there, DCA for long-term, I don't mind impermanent losses as I believe APT will go way higher in a few years, just one bull run to have it reach insane ATH
that's only my own view, not financial advice
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move stop to entry in case it fails
bitcoin might dump and altcoins could follow
Price is struggling to rally for now, still above EMA but a sudden BTC reversal can take altcoins with it
for spot I keep on accumulating even if it goes lower, I like discounts on new promising coins for futures I play it safe