APT

After breaking below a smaller descending channel (light blue parallel channel), APT found support at the bottom of a larger channel (purple channel). 

The price recently hit the top of the light blue channel and declined, expected to retest the previous pressure zone. 

The pressure zone is approximately between $4.95 and $5.15. Investors can establish short positions in this range, with partial profit-taking at Fibonacci levels 1.13/1.272/1.414. Stop-loss should be set above $5.25.

Reference levels:

Direction: Short

Entry: $4.95 - $5.15

Take Profit: $4.45 / $4.3 / $4.15

Stop Loss: $5.25

LINK

LINK recently broke above a descending channel (purple parallel channel) but faced resistance near $15.3 and started to decline. It found support around $13.2, which coincides with the Fibonacci 0.618 level. 

After stabilizing at this support, the price is expected to rise, forming a head-and-shoulders bottom pattern. Investors can consider entering long positions at market price, with profit-taking at Fibonacci 1.414 and 1.618 levels, which are close to the previous pressure zone.

Reference levels:

Direction: Long

Entry: $14 - $14.4 (market price)

Take Profit: $17.5 / $18.7 / $19.8

Stop Loss: $13.1 (previous low)

Disclaimer: None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy.