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Technical analysis by funtimes about Symbol APT: Sell recommendation (9/4/2024)

https://sahmeto.com/message/2868523
funtimes
funtimes
Rank: 6421
1.6
Sell،Technical،funtimes

I heard Arthur Hayes mention this coin. I like Arthur Hayes and I learn from him.He knows there's BTC, and everything else is very risky and long term very speculative, and there won't be many winners when the dust settles.For now, all non-BTC crypto is good only for certain people: Founders, VCs, insiders, and extremely good, nonemotional traders.This Aptos chart looks ugly. Highly manipulated. Despite the relatively low price, now doesn't look like a good entry. It would be just guessing, throwing darts blindly at a target, unless you're one of the market makers or have inside information. I looked up the founder and that confirmed my hesitation. I got the creeps! This is not "the next Solana."I don't think the risk - reward outlook is very good on Aptos, even with someone as smart and talented at pumping as Arthur Hayes involved. I'm staying away.$5 is a key support. If it breaks down, $2 is in play.

Translated from: English
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Signal Type: Sell
Time Frame:
1 week
Price at Publish Time:
$6.06
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