APT / TetherUSLong
TradeCityPro | APTUSDT Bullish Correction & Continuation
👋 Welcome to the TradeCityPro channel!
Let's start the week by analyzing APTUSDT, one of the altcoins with a promising setup.
📊 Bitcoin Overview
At the New York market open, Bitcoin has printed a few green candles , Meanwhile, BTC dominance (BTC.D) has been declining, breathing new life into altcoins.
As long as BTC.D continues to drop, altcoins will likely remain active and bullish.
🕒 Weekly Timeframe
APTUSDT has been trading in a long-term range box for nearly 700 days, fluctuating within it since its listing.
Unlike many other altcoins, APTUSDT has never dropped to its final support at $3.45, instead finding consistent support at $5.50–$5.77, giving it an edge over its peers.
Currently, there's no weekly trigger for buying , bounce of the RSI from 70 could signal the continuation of its upward momentum.
🚀 Daily Timeframe
APTUSDT has rallied beautifully from $5.67 support, reaching resistance at $13.66, where it was rejected. After consolidating for a few days, it is now moving back toward that resistance.
The chart shows a parabolic uptrend, with higher highs and higher lows forming consistently , Each time the price touches this parabolic trendline, it bounces upward, suggesting this structure might persist.
break of the parabola would likely signal a short-term correction, not necessarily a bearish market reversal.
For a buy, wait for a breakout above $13.66 with increased volume and RSI entering overbought territory. & Suggested stop-loss Risky: $10.50 - Safer: $7.51
If the market corrects, look for a bounce at $10.50 support with a confirming bullish candle for a mid-term hold.
⏳ 4H Timeframe
APTUSDT has been ranging between $11.22 and $13.78 for a few days, making the triggers clear for trading.
📈 Long Position Trigger
breakout above $13.78 would provide a strong trigger for a long position. You can even set a stop-buy order before the breakout.
📉 Short Position Trigger
Avoid shorting as the overall market setup remains bullish. Instead, focus on other opportunities like DeFi or researching promising projects :))
💡 BTC Pair Insight
Against Bitcoin, APTUSDT shares a similar setup to other altcoins, consolidating in its range.
breakout above 0.0001624 BTC could signal fresh inflows into APTUSDT and spark a bullish movement.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Let's start the week by analyzing APTUSDT, one of the altcoins with a promising setup.
📊 Bitcoin Overview
At the New York market open, Bitcoin has printed a few green candles , Meanwhile, BTC dominance (BTC.D) has been declining, breathing new life into altcoins.
As long as BTC.D continues to drop, altcoins will likely remain active and bullish.
🕒 Weekly Timeframe
APTUSDT has been trading in a long-term range box for nearly 700 days, fluctuating within it since its listing.
Unlike many other altcoins, APTUSDT has never dropped to its final support at $3.45, instead finding consistent support at $5.50–$5.77, giving it an edge over its peers.
Currently, there's no weekly trigger for buying , bounce of the RSI from 70 could signal the continuation of its upward momentum.
🚀 Daily Timeframe
APTUSDT has rallied beautifully from $5.67 support, reaching resistance at $13.66, where it was rejected. After consolidating for a few days, it is now moving back toward that resistance.
The chart shows a parabolic uptrend, with higher highs and higher lows forming consistently , Each time the price touches this parabolic trendline, it bounces upward, suggesting this structure might persist.
break of the parabola would likely signal a short-term correction, not necessarily a bearish market reversal.
For a buy, wait for a breakout above $13.66 with increased volume and RSI entering overbought territory. & Suggested stop-loss Risky: $10.50 - Safer: $7.51
If the market corrects, look for a bounce at $10.50 support with a confirming bullish candle for a mid-term hold.
⏳ 4H Timeframe
APTUSDT has been ranging between $11.22 and $13.78 for a few days, making the triggers clear for trading.
📈 Long Position Trigger
breakout above $13.78 would provide a strong trigger for a long position. You can even set a stop-buy order before the breakout.
📉 Short Position Trigger
Avoid shorting as the overall market setup remains bullish. Instead, focus on other opportunities like DeFi or researching promising projects :))
💡 BTC Pair Insight
Against Bitcoin, APTUSDT shares a similar setup to other altcoins, consolidating in its range.
breakout above 0.0001624 BTC could signal fresh inflows into APTUSDT and spark a bullish movement.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
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🏆 Best Crypto Exchange: bit.ly/tcpbit
🤵 Business Contact: Tradecityproteam@gmail.com
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