APTUSDT
APT can ascend further!
Hi.
BINANCE:APTUSDT
Today, I want to analyze APT for you in a 2D time frame so that we can have a SHORT-term view of APT regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
Aptos may be forming a cup and handle pattern
This is a bullish pattern, indicating the potential for an upward breakout in future
Now, we're in the handle-forming phase, representing a temporary pause in the uptrend
Stay awesome my friends.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
APT: Pullback in UptrendTrade setup : After a bearish breakout from Channel Up pattern, price has pulled back to $13.00. However, it remains in an Uptrend. Momentum is inflecting bullish again (MACD Histogram rising) and price could swing back up to $16.75 for +25% potential upside. Stop Loss (SL) level at $11.90.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $13.00, which it broke, then $11.00. The nearest Resistance Zone is $16.75, then $20.00.
#APT/USDT#APT
The price is moving in a downward channel on a 4-hour frame, about to break upward
The area in green is a very strong support area from which the price rebounded at price 14
We have a downtrend on the RSI indicator about to occur. The fraction is up
We have a higher stability moving average of 100
Entry price: 14.1
First goal 15
Second goal 16.6
Third goal 18.23
APT/USDT - Aptos: BBand Breakout◳◱ On the $APT/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 19.0383 | 21.0016 | 24.6 and support near 15.4399 | 13.8048 | 10.2064. Entering trades at 17.698 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Aptos
▣ Rank: 26
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 17.698 ₮
▣ 24HVol: 113,614,573.098 ₮
▣ 24H Chng: 7.795%
▣ 7-Days Chng: 1.89%
▣ 1-Month Chng: 45.47%
▣ 3-Months Chng: 72.23%
◲◰ Pivot Points - Levels :
◥ Resistance: 19.0383 | 21.0016 | 24.6
◢ Support: 15.4399 | 13.8048 | 10.2064
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 4.89
▣ Last 90D: 2.68
▣ Last 1-Y: 0.82
▣ Last 3-Y: 0.81
◲◰ Volatility :
▣ Last 30D: 0.92
▣ Last 90D: 1.03
▣ Last 1-Y: 0.83
▣ Last 3-Y: 1.17
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.68 - Bullish
▣ In-depth APTUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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APTUSDTHi guys
It seems that the two price areas that we have identified are very low risk for buying.
According to the issued divergences, the possibility of a downward trend should be considered.
Interestingly, this cryptocurrency does not have any resistance range after the price area of $20.4!
What do you think?
APT/USDT Ready to Claim its Thrown? 👀🚀Aptos Analysis💎Paradisers, let's examine the recent market trends for #APTUSDT, which has impressively broken free from its descending channel pattern.
💎At this moment, #Aptos is advancing towards the descending resistance from within the demand zone. This situation presents a chance for the price to rebound from this area and embark on an upward journey, aiming for the bearish Order Block (OB) as its forthcoming milestone.
💎If AMEX:APT does not achieve the anticipated bounce and instead dips below the demand zone, we could see a fallback to the Bullish OB region around the $7.57 mark, where it would seek rejuvenated impetus for an ascent.
💎The Bullish OB zone has historically been a key factor, reliably initiating significant market recoveries upon interaction. Yet, a failure of this zone, indicating a shift towards bearish trends, may lead to a pursuit of bullish momentum from a more subdued position.
💎In case #APT doesn't harness the momentum from this or any subsequent level, a continued descent might ensue. Rest assured, Paradisers, your ParadiseTeam is vigilantly monitoring these developments, ready to offer insights and guidance through these market shifts
APT: Channel UpTrade setup : Price is in an Uptrend, showing relative strength as it continues to advance even during an overall market correction. We would be buyers on pullbacks to Channel support trendline (~$16.00). Stop Loss (SL) at $14.50.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $15.00 (previous resistance), then $13.00. The nearest Resistance Zone is $16.75, which it broke, then $20.00.
APT Roadmap For Bullish RunAPT is another coin which getting ready to explode.
Seems like APT can easily claim 20.3 right not in short term.
But let's focus on the bigger picture.
If APT can close above 20 in a weekly time frame, Wave 3 can go up to 24.2, then all the set up might change. If it can't, it will act like the way you see on the chart.
Short Term Target:
20.3
Long Term Target for Inverstors:
33-37.8-45
APT: Channel UpTrade setup : Price is in an Uptrend, showing relative strength as it continues to advance even during an overall market correction. Bullish break above $15.00 resistance signals continuation of an Uptrend with +10% upside potential to $16.75 near-term. Stop Loss (SL) at $13.90.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $13.00 (previous resistance), then $11.00. The nearest Resistance Zone is $15.00, which it broke, then $16.75 and $20.00.
APT: 2-type position📊Analysis by AhmadArz:
🔍Entry:
buy: 13.409
sell: 13.952
🛑Stop Loss:
buy: 13.173
sell: 14.604
🎯Take Profit:
buy:13.62-13.95
sell: 13.45-13.06-12.62-12.19
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