Aptos
APTUSD Major bullish break-out above the 7 month Resistance.Aptos (APTUSD) broke and closed yesterday not only above the 1D MA50 (blue trend-line) but more importantly above Lower Highs trend-line, since the January 26 High,, which is practically the Resistance of the whole year.
This is the first major (double) bullish break-out and buy signal since then. A closing above Resistance 1 (8.33250) will be a break-out buy signal for us, targeting Resistance 2 (9.46750). After that, we will buy again upon either a 1D MA50 (blue trend-line) pull-back or if a 1D candle closes above the 1D MA200 (orange trend-line). In either case, our target will be Resistance 3 at 13.1945.
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APT/USDT The Next Upward Incoming ?? 💎🚀 Aptos Analysis Today💎 Paradisers, brace yourselves for the trending coin!
💎Aptos has forged a partnership with Microsoft
💎 APT to surge and Break the falling wedge pattern, backed by impressive volume.
💎For the entry, We can entry now or wait for a retest on the support. Should APT showcase bullish indicators, such as a favorable candlestick pattern, we can anticipate a rebound and a continued ascent toward our target.
💎However, if APT struggles to maintain its stance at the support and breaches it, we might witness the price gravitating towards the bullish OB + Demand zone, potentially igniting a robust upward thrust.
💎Stay vigilant, as our bullish perspective would be challenged if APT descends past the 6.4 mark and settles below it. Trade wisely, ParadiseSquad! 🌴
Aptos bullish rally startedHello Traders,
This is a monthly chart.
APT (Korean giant) has woken up after a six-month correction.
The Microsoft News is the trigger.
People will short every green candle :D Look what happened last time :))
Please hit the boost button and follow me for more ideas.
Thanks
APTOS Bulls Ready?!Aptos Token Surges on Microsoft Partnership Ahead of APT Supply Unlock
Aptos with ticker APTUSD is waking up after a completed higher degree A-B-C correction in (B)/(2). Currently we can see it forming a lower degree bullish setup formation with impulsive wave 1, followed by a-b-c pullback in wave 2 that can push the price into the steepest wave 3 of a five-wave bullish cycle within higher degree wave (C)/(3). Just keep in mind that we still need broken channel resistance line decisively and 9.5 first bullish evidence level to confirm wave 3 of a five-wave bullish impulse.
Bullish confirmation is above 14 level, while invalidation level remains at 3.
What price you bought APTDaily chart
Aptos BINANCE:APTUSDT is in accumulating phase nearly 2 months and it's trading around $7.1
APT's the support around 6.4 and #ApexZone in the same that range
Chart 4H TF
APT's rejected the support at 6.81x with RSI Oversold. That's created Reversal Pattern Double Bottom
It's a resistance at 7.4 ahead
So we wait for a next move
🔥 APTOS Triangle Break Out After MONTHS Of SellingAPT has been selling off for the majority of 2023 and lost nearly 75% of its value in the process.
However, the fear based sell-off of early June has exhausted the bears and given opportunity to the bulls to step in. With BTC making new yearly highs it's a matter of time before APT will break the bearish spiral and move up again.
Wait for daily candle to close above the top resistance to confirm the break out. Target around the 2023 highs, stop just below the recent swing low.
$APT short term bullish move?AMEX:APT looks interesting here. From the chart, you can see that APT has formed an adam and eve bottom and price has broke out of the trendline and is now sitting above it.
This is one of the few alts that hasn't moved yet and it looks to me like it's time.
I think over the coming days, we can potentially see a move of 20-30% into the grey box region on the chart.
Let's see if it happens.
APTOS Outlook continued... APT has now reached the first key area of interest, it's still maintaining its structure in a descending wedge pattern respecting the trendlines.
BTC will ultimately decide the near term fate of APTOS as it's important bitcoin stabilises or even bounces before altcoins have any hope of doing so. With BTC having lost the 1D 200EMA support I'm thinking price will drop closer to the bullish OB 2 or even 3 before getting bullish.
Aptos Market Profile with $100 target Aptos is a very interesting development in the crypto space right now - interoperability between chains is a very important and difficult problem to solve, possibly the largest issue crypto faces right now due to so many different assets. What's interesting about Aptos is what they call 'homogeneous state sharding', in essence, they shard their entire chain and optimize it for different systems and applications whilst maintaining interoperability within their own chains utilizing a 'homogeneous bridge' whilst operating high throughput (150,000 transaction/second) and low latency transactions.
This bridge also bridges between different cryptocurrency chains and stablecoins - the real value in Aptos comes from their Web3 solutions for a wide range of applications from video games built on the platform to enabling businesses the ability to run their entire admin and systems management.
This is the fundamental aspect, I don't want to provide too much information as this is an early project released in October 2022 - a lot of what they can do is speculation at the current moment as they onboard more businesses and individuals onto their Layer1 solution.
I have copied the current information about Aptos from CoinMarketCap and posted it below should anyone wish to know what Aptos is and why any of this matters.
My technical view is in the above idea - I have created a market profile to provide a roadmap to identify risk asymmetry in the market, marking the lowest risk areas with a green box (also red arrows) as these are gaps due to impulse movement creating inefficiencies. Additionally, Support & Resistance is marked by red horizontal lines based on the High, Low, Close, and Open values of Weekly candles.
Blue boxes show Bullish order blocks, alternatively, orange boxes show Bearish order blocks.
Highs and lows of price structure are marked with price tags to visibly show the price value whilst providing a visual high/low structure.
Lastly, I use the Fibonacci tool with binary numbers (powers of 2) on a logarithmic chart to create equidistant levels, these are growth levels - the easiest way to think about this one is how cells divide and multiply which is the growth factor. Another way to see this is realizing that growth is exponential, and the natural logarithm ln(x) is the inverse of exponentiation, as nature grows at an exponential rate, so do the systems we create as we are a product of nature.
Now my technical view has been explained so you're able to understand how I create my approach, and you'll understand how I get to the two targets of $35.35, $69.69 & $135.95. They seem meme-worthy and made up (philosophically they are) however, they're the prices at each growth level. Each level is double the value from the previous level.
Combining my fundamental understanding, which I haven't wholly shared in this idea, with my technical perspective, in the instance, Aptos actually manages to pull off what they plan to pull off and the project doesn't die from one simple mishap, the current price at HKEX:2 billion market cap is ~2.5 grow factors away from HKEX:20 billion market cap. In theory, this level should be easily achievable should their plan and execution don't trip over the initial hurdle.
In the instance, they do follow through and execute their business plan in the way their whitepaper envisions, a market cap valuation of HKEX:200 billion would put that at roughly ~ HKEX:1000 per coin based on their current supply levels, another 10-fold growth. Surprisingly, also exactly on the 2048 growth level.
This is a high-risk play looking to pinpoint the lowest-risk positioning with the largest return based on my understanding of markets, price structure, and behavior. My personal plan is to attribute no more than 2-3% capital to this idea based on the fundamental aspects alone, aiming to buy what I believe are the levels where the bottom in the market will land.
Personal buy targets, whether achieved through panicked market conditions or declining market prices, based on my technical analysis, show a potential bottom at the following price levels:
HKEX:8
$5.50
HKEX:4
Due to the insane risk asymmetry within the market, returns between 2,300% to 24,000%, depending upon the success of Aptos and achieving their goals, as well as how deep the market goes if conditions for the entire cryptocurrency space go negative, are considered.
Let's see what Capitulation & Liquidation brings, should it arrive before the entire cryptocurrency bull market arrives - CRYPTOCAP:BTC is 365 days from the halving event after all. Anything is on the table and dips are coming.
Lastly, I don't think I need to say it but I will anyway:
This is not investment or trading advice.
The opinions, methods, and conclusions reached are by myself, for me, shared publicly for purposes of education and ego-stroking in the event the price goes up - or public humiliation if the project fails.
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What Is Aptos?
Aptos is a Layer 1 Proof-of-Stake (PoS) blockchain that employs a novel smart contract programming language called Move, a Rust-based programming language that was independently developed by Meta (formerly Facebook)’s Diem blockchain engineers.
Aptos’s vision is a blockchain that brings mainstream adoption to web3 and empowers an ecosystem of DApps to solve real-world user problems.
The PoS blockchain can achieve a theoretical transaction throughput of over 150,000 transactions per second (tps) through parallel execution.
In March 2022, Aptos raised HKEX:200 million in a seed round led by the venture capital firm Andreessen Horowitz (a16z). Other crypto heavyweights like Tiger Global and Multicoin Capital took part in the funding round. Fast forward to July, the startup raised another HKEX:150 million in a Series A round led by Sam Bankman-Fried’s FTX Ventures and Jump Crypto.
Two months later, Binance Labs made a strategic investment of an undisclosed amount in Aptos, bringing its valuation to HKEX:4 billion in September.
On Oct. 18, 2022, Aptos announced the mainnet launch, while the Aptos genesis occurred on Oct. 12, 2022.
Who Are the Founders of Aptos?
Aptos is the brainchild of Mo Shaikh and Avery Ching, both former employees of Meta. Mo, who is the current CEO of the company, is a founder with years of multinational financial services and blockchain/crypto experience. According to his LinkedIn profile, he specializes in scaling products and has experience in the private equity and venture capital markets.
Ching, on the other hand, is the CTO of Aptos. He is a software engineer and was one of the principal software engineers at Meta.
The duo worked together on the Diem blockchain project at Meta. Shaikh and Ching decided to join forces to create Aptos Labs when the Diem project was discontinued in January 2022. It, therefore, comes as no surprise that Aptos employs some of the technicalities of Diem.
Other members of the Aptos team include researchers, designers, and engineers from Diem.
What Makes Aptos Unique?
For a start, the Aptos team claims that its network can process over 150,000 tps. By comparison, Ethereum’s mainnet tps is around 12 to 15.
This high transaction throughput is possible through a parallel execution engine (Block-STM) — a byzantine fault-tolerant (BFT) PoS consensus mechanism. For context, most blockchains execute transactions sequentially, which means that a single failed transaction or high demand on the network could hold up the entire chain.
In the case of Aptos, all transactions are processed simultaneously and validated afterward. Failed transactions are either re-executed or aborted, thanks to the blockchain’s software transactional memory libraries, which spot and manage conflicts.
Aptos is built using Move, a new smart contract programming language that claims to offer advantages to Solidity, the EVM-based programming language. This includes blockchain commands that can be easily verified, modification of private key and modular design of Aptos.
New use cases can be realized through Aptos’ upgradeability and configurability, while horizontal throughput scalability — through the natively-implemented sharding feature — provides a better user experience.
How Much Aptos is in Circulation?
APT is the native currency of the Aptos blockchain. It has an initial total supply of 1 billion and at the time of writing, its circulating supply is 130 million APT.
The distribution is as follows: Community (51.02%); Core Contributors (19.00%); Foundation (16.50%); Investors (13.48%).
Under the Community allocation, around 80% are held by the Aptos Foundation and the remaining by Aptos Labs. This will be used to support community growth and Aptos Foundation initiatives, and the remainder will be unlocked monthly over the next ten years.
Investors and core contributors are subjected to a four-year vesting schedule from mainnet launch. The Aptos team announced a token airdrop of 20 million APT tokens to early testnet users on Oct. 19, 2022.
Aptos Mainnet Launch
As already mentioned, despite raising millions of dollars from investors, Aptos did not launch its mainnet until October 2022. Prior to the mainnet launch, its testnet campaign called “Aptos Incentivized Testnet (AIT)” was running since May.
The testnet was divided into four stages – AIT1, AIT2, AIT3, and AIT4. The aim of the campaign was to invite and incentivize developers, node operators, and auditors to launch applications and stress-test the network, ahead of the mainnet launch.
On September 9, 2022, the network completed its AIT3 campaign, paving a way for the final testnet. Through the series of testnets, Aptos onboarded over 100 projects, including Solrise Finance, PayMagic, Pontem Network, and MartianDAO.
On Oct. 18, 2022, Aptos went live with its mainnet launch, making it the first blockchain to debut on Move technology. At the time this content was published, the mainnet was using the latest version of AptosBFT (version 4), which leverages a Byzantine Fault Tolerance (BFT) consensus protocol. However, the company is already working on AptosBFT (version 5).
What Is Aptos Bridge?
On-chain user application protocol called LayerZero Labs launched the Aptos Bridge on October 19, 2022.
The blockchain bridge will allow users to transfer ETH, USDC, and USDT from Ethereum, BNB Chain, Polygon, Avalanche, and Optimism to Aptos.
How Is the Aptos Network Secured?
Aptos uses two consensus protocols – Proof-of-Stake and AptosBFT.
AptosBFT is quite similar to DiemBFT, originally developed for Diem. “BFT '' means ‘Byzantine Fault-Tolerant,’ and a network is said to be Byzantine fault-tolerant if it can continue to operate normally even if some of its members go offline or turn malicious.
AptosBFT is a custom-made consensus algorithm based on the HotStuff protocol. While there are a lot of background technicalities around how the protocol secures the network, the algorithm analyzes the on-chain state and automatically updates leader rotations to adjust for non-responsive validators without human intervention.
Source: coinmarketcap.com
This idea is not sponsored by Aptos or CoinMarketCap, I have no affiliation with either company.
Apt is still bullish | short term Aptusdt
Chart is looking still bullish on 4h timeframe
Double breakout on hourly timeframe
Price is trying to break symmetrical triangle pattern on 4h timeframe Incase of successful breakout I am expecting 20-40% short term bullish move
Ideas are personal opinion not financial advice , do your own research and always manage your risk properly
kindly make sure to follow us for more quick updates If you think we are working honestly
Good luck
APTUSDT ready for Bull Run Apt is currently testing a downward trendline. This is the umpteenth attempt to break this trendline, which began approximately 150 days ago.
In the previous post, I mentioned that this cryptocurrency has a good support level, and many traders were waiting to buy at this area.
As we can see, there was strong support from this level. However, the black line on the chart indicates the closing point of the previous monthly candle, which can act as both resistance and, if broken upwards, a strong support.
Considering that most leading cryptocurrencies pump one after another, it is not unlikely for this coin to break the monthly resistance and turn it into a good support level.
Overall, my prediction is that even in the short term, this could be a turning point for the market and transform into a bullish market.
Please only enter a position if the trend break is confirmed.
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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🔥 APTOS Triangle Break Out After MONTHS Of SellingAPT has been selling off for the majority of 2023 and lost nearly 75% of its value in the process.
However, the fear based sell-off of early June has exhausted the bears and given opportunity to the bulls to step in. With BTC making new yearly highs it's a matter of time before APT will break the bearish spiral and move up again.
Wait for daily candle to close above the top resistance to confirm the break out. Target around the 2023 highs, stop just below 8$.
APTOS APT SHORT Can go to 4,70,and lower,if.... Alchemy Pay price prediction sentiment is bearish , with 1 technical analysis indicator signaling bullish signals, and 26 signaling bearish signals.
If you wanna trade my strategy then follow the trading rules:
Once you get short stay until the trend changes of I will publish the opposite signal.The aim of this strategy is only and only trend following and trend trading.Too many buy selling on lower tf will cause many losse. So avoid day trading and instead stay and trend with the trend.
According to current Aptos price prediction, the value of Aptos is predicted to drop by -7.50% and reach $ 6.69 by July 7, 2023. According to technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 63 (Greed). Aptos recorded 18/30 (60%) green days with 11.69% price volatility over the last 30 days. Based on our Aptos forecast, it's now a bad time to buy Aptos.
In the best case scenario, APT price prediction for year 2026 is $ 0.145448 if it follows Facebook growth. In case Aptos would follow Internet growth the prediction for 2026 would be $ 0.016685.
Based on data from July 02, 2023 at 18:06, the general Aptos price prediction sentiment is bearish , with 5 technical analysis indicators signaling bullish signals, and 18 signaling bearish signals.
Aptos has been trading for less than 200 days, which means that it’s currently not possible to calculate its 200-day simple moving average (SMA).
The price of Aptos is currently above the 50-day SMA and this indicator has been signaling BUY for the last 74 days, since Apr 19, 2023.
Based on our technical indicators, Aptos's 200-day SMA will rise in the next month and will hit $ 0.00 by Aug 01, 2023. Aptos's short-term 50-Day SMA is estimated to hit $ 6.34 by Aug 01, 2023.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 51.64, which indicates that the APT market is in a neutral position.
Daily Simple Moving Average (SMA)
Period Value Action
SMA 3 $ 7.25 SELL
SMA 5 $ 7.23 BUY
SMA 10 $ 7.33 SELL
SMA 21 $ 6.95 BUY
SMA 50 $ 7.72 SELL
SMA 100 $ 9.26 SELL
SMA 200 $ 9.84 SELL
Aptos Price Forecast For Tomorrow and Next Week Based on The Last 30 Days
Date Price Change
Jul 3, 2023 $ 7.27 0.57%
Jul 4, 2023 $ 7.33 1.40%
Jul 5, 2023 $ 7.20 -0.37%
Jul 6, 2023 $ 6.60 -8.71%
Jul 7, 2023 $ 6.69 -7.50%
Jul 8, 2023 $ 6.21 -14.08%
Jul 9, 2023 $ 6.25 -13.58%
Jul 10, 2023 $ 4.95 -31.55%
Jul 11, 2023 $ 4.85 -32.98%
Jul 12, 2023 $ 5.02 -30.54%
Jul 13, 2023 $ 5.15 -28.73%
Jul 14, 2023 $ 5.07 -29.84%
Jul 15, 2023 $ 4.92 -32.01%
Jul 16, 2023 $ 4.96 -31.44%
Jul 17, 2023 $ 5.23 -27.64%
Jul 18, 2023 $ 5.54 -23.35%
Jul 19, 2023 $ 5.35 -25.98%
Jul 20, 2023 $ 5.38 -25.57%
Jul 21, 2023 $ 5.71 -21.10%
Jul 22, 2023 $ 5.96 -17.52%
Jul 23, 2023 $ 5.82 -19.47%
Jul 24, 2023 $ 5.98 -17.31%
Jul 25, 2023 $ 6.02 -16.80%
Jul 26, 2023 $ 5.70 -21.21%
Jul 27, 2023 $ 5.71 -21.00%
Jul 28, 2023 $ 5.61 -22.46%
Jul 29, 2023 $ 5.45 -24.68%
Jul 30, 2023 $ 5.66 -21.71%
Jul 31, 2023 $ 5.55 -23.22%
Aug 1, 2023 $ 5.69 -21.35%
Aptos bullish no signs of stopping? 👀 🚀APT Today Analysis💎APT is on the brink of a breakout from the descending channel, with a noticeable 'V' pattern forming within the channel. A successful breakout could trigger a significant bullish surge.
💎Another crucial factor is that APT is trading in a high-demand area, which could amplify the bullish momentum.
💎The volume is also demonstrating notable upward spikes, which is an important factor that cannot be overlooked.
💎There's an area of invalidation where if the price loses its bullish momentum and breaks down from this area, it could lead to a bearish move.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Aptos APTUSDT Price Analysis (12h)Hello dear trading community!
Our previous analysis predicted a drop to the 0.382 Fibonacci retracement zone, which was achieved at approximately $6.30. Now, Aptos has rebounded from this target and is showing signs of a potential Elliott wave formation and opening up new possibilities for the cryptocurrency.
Currently, Aptos is approaching the resistance level of a downtrend channel, indicating the potential formation of an Elliott wave pattern. This could mark the completion of Elliott wave (1) within a new cycle for Aptos. Elliott wave theory suggests that after a completed impulse wave (1), a corrective wave (2) is likely to occur with estimated support level zone near $6.50.
Based on our analysis, we anticipate that Aptos will make a rebound near the resistance level to complete the corrective wave (2). This would align with the principles of Elliott wave theory, where wave (2) typically retraces a portion of the gains made in wave (1). Once the corrective wave (2) is complete, Aptos is poised to resume its uptrend with targets above $10.00!
As always, it is important to closely monitor the price action and validate our analysis with further developments in the market.
APT Aptos Bullish TrendlineAPT (Aptos) currently exhibits a bullish trend continuation pattern, suggesting a potential upward movement in the near term. The price action indicates that the stock has been experiencing consistent buying pressure, indicating positive market sentiment and potential for further price appreciation.
Considering the bullish trend continuation, it is reasonable to set a price target of $8.80 for APT. This target represents the projected upside that could be achieved if the bullish trend persists.
Looking forward to read your opinion about it!