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Afterpay (APT) long
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Afterpay (APT) long
Oleh SENMS1319
Ikuti
Ikuti
9 Mar 2021
3
1
1
According to 20 & 50 EMA the price is now shifting to a "Bearish Trend" and getting closer to strong support.
Entry 1 can be considered as:
Entry Indication:
the hammer candle appears and standing on the 200 EMA.
the RSI indicator shows oversell but the candle closed bullish (selling momentum is weak)
Risks:
the 20 & 50 EMA are currently setting on an important spot(intersection appears).
current trend is shifting to bearish.
Entry 2 is safer as:
Entry Indication:
strong support
Risks:
the price would not reach this low.
bearish trend with selling momentum.
Trend Analysis
SENMS1319
Ikuti
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