APR on the 4H timeframe is forming a rising base after a sharp selloff, with price respecting an ascending trendline from the December low. Higher lows are developing while price consolidates below the key horizontal resistance at 0.157–0.160.
The pullback is holding within the 0.618–0.786 retracement zone (0.128–0.122), which aligns with the rising trend support, strengthening this area as a demand region. As long as price holds above the trendline, the structure remains constructive.
A clean break and acceptance above 0.157 can open the path toward the higher resistance near 0.288. Failure to hold the ascending support would invalidate the setup and expose downside toward 0.091.
The pullback is holding within the 0.618–0.786 retracement zone (0.128–0.122), which aligns with the rising trend support, strengthening this area as a demand region. As long as price holds above the trendline, the structure remains constructive.
A clean break and acceptance above 0.157 can open the path toward the higher resistance near 0.288. Failure to hold the ascending support would invalidate the setup and expose downside toward 0.091.
Market Structure • Price Action • Crypto Updates
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🔗 Telegram: t.me/Coach
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Market Structure • Price Action • Crypto Updates
🔗 Telegram: t.me/Coach
🔗 Telegram: t.me/Coach
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.