APTUSDT trade ideas
APT: Resistance BreakoutTrade setup : Price resumed its Uptrend. Bullish break above $13.00 resistance signals continuation of an Uptrend with upside potential to $15.00 near-term and $16.75 mid-term. Stop Loss (SL) at $12.00.
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 $11.00 (previous resistance), then $10.00. The nearest Resistance Zone is $13.00, which it broke, then $15.00.
APTOS next SOLANA?Let's take a look at the Aptos project: tokenomics, investment rounds, and areas of interest to buy.
Tokenomics
The main network was launched on October 12, 2022. The initial total volume of Aptos tokens (APT) in the core network is 1 billion tokens.
Allocations:
Community 51.02% 510,217,359,767
Core Contributors 19.00% 190,000,000,000.000
Foundation 16.50% 165,000,000,000.000
Investors 13.48% 134,782,640,233.233
Link (aptosfoundation.org) to Tokenomics
Investment rounds
Let's reconcile tokenomics with investment rounds.
1. Seed - correlate to Core Contributors allocation, 19.00%.
Put in $200M at $1 billion valuation.
Received 20%.
๐ Price per token is about $1.
There is such an allocation in Core Contributors 19.00% tokenomics.
As much as I have parsed the tokenomics of projects, I will say that there are investors behind such allocation.
20% and 19% are almost parity. That's okay.
2. Series A - correlated with Investors allocation, 13.48%.
Invested $150M at a $2.05 billion valuation. Got 7.3% (out of 13.48%, Binance's 6.2% (point 3 down the line).
๐ Price per token around $2.
3. Venture Round - correlated with Investors allocation, 13.48%.
There is no official data on the size of the investment, but Bloomberg writes this:
"...Binance Labs can't disclose the amount of this latest investment, but according to He, Aptos Labs' market value is estimated at more than $4 billion. A Binance spokesperson later said He's estimate was incorrect, but did not provide an updated valuation...". The news itself (www.bloomberg.com).
Let's assume that "more than $4 billion dollars", in our terms, let it be $3.5 billion dollars.
Then the breakdown is this.
Aptos valuation $3.5 billion, Binance share 6.2% (see point 2). It turns out as follows:
We deposited about $217 million (6.2% of $3.5 billion) , and received 62 million tokens.
๐ Price per token is about $3.5.
๐ The prices are sorted out. The spread is from $1 to $3.5 per token.
Token distribution and staking
For investors in the first year on the market are available only tokens received from steaking. Approximate yield of steaking for the first year =7%.
Why approximate?
From Aptos Tokenomics: "...Currently, the maximum reward rate starts at 7% per year and is estimated at each epoch.
The maximum reward rate decreases at 1.5% per year..."
To simplify, consider a 7% return for the first year.
How many tokens will investors get for staking in a year?
Seed 13.3 million tokens in a year, 1.1 million in a month.
The purchase price of a token is $1
Series A 5.1 million tokens for the year, 426k for the month.
Purchase price of $2 token
Venture Round 4.3 million tokens for the year, per month 361k.
The purchase price of $3.5 tokens.
The initial supply was 130 million tokens on the listing.
๐ Investors are clearly not going to push the staking, but instead are interested in maximizing their earnings on tokens that are poured for staking.
As I wrote earlier in the chat, the capitalization can be anything.
Why?
1. The project is on a hype.
2. Move language is being popularized increasingly - this translates into saturation of the Aptos blockchain with new projects.
3. Hamsters don't have that many tokens to press the glass.
4. Token sale has not been conducted.
Perfect conditions for manipulation.
At the same time, there is talk online that the MOVE language is better than Rust (Solana). Nothing is stopping Aptos from running capitalization toward blockchain capitalization.
Technically
After Listing was rolled at -70% and after this disappointment, there was a month-long 500% bump (from 3$ to 20$)
After that there was a debilitating drop to 5$ and then a small 120% rise - looks like a pre-pump before the renewal of the highs.
Now the price 9.2 is going to the 11-7.9 range (redistribution or accumulation) with targets at 30-60-100$.
Best regards EXCAVO
#OP/USDT#OP
The downtrend channel was broken strongly with a strong daily candle on a 1-day frame
The broken trend was retested
We also have an upward trend on the RSI indicator
We also have a higher stability moving average of 100
Entry price 9.31
The first goal is 9.67
Second goal 10.47
Third goal 11.17
APTUSDT Long IdeaBINANCE:APTUSDT has recently done break out on one day time frame and we still haven't got any retest of the support which I believe has a less chance as majority of the traders are very bullish on this coin and the dips are filling quickly but if we get the chance the black box is the area to enter
APT/USDT Keep an eye on the support, If bounce APT will back UP!๐APT has recently shown significant market dynamics. Currently, APT is facing rejection after testing the Bearish OB zone and is now retesting the support area around 10.85 to generate new momentum for a breakout.
๐ If APT successfully breaks above the supply area, its probability could signal a continuation of the upward movement, potentially leading to reaching our target area.
๐ However, if APT fails to maintain the support area and breaks below it, the next critical level is the Bullish OB area. APT must bounce from this area, as failure to do so could result in losing the support trendline.
๐ If this occurs, APT may switch back to a downward trajectory, continuing further downward movement.
APT/USDT Perfect Bounce, Ready for continue Upward Move!๐ APT has been drawing significant attention in the market with its recent performance. It has recently made a noteworthy bounce from a demand zone, underscored by the closure of the daily candle with a robust green indicator.
๐ Should this bounce prove to be a reliable signal, APT might well be on its path to an upward trajectory, probability aiming for the targeted bearish OB area.
๐ However, if APT fails to maintain its upward momentum and revisits the demand area, it will be crucial for it to hold and rebound from this level.
๐ Failure to do so could indicate a break in the bullish trend. In such a scenario, there's a potential for APT to embark on a downward journey, moving towards the support area and possibly extending further to a lower, more robust support zone. The market's response in these key areas will be critical in determining APT's future direction.
APT/USDT Potential Uptick from Key Demand Zone? ๐APT๐ Paradisers, gear up for a thrilling trade with #APTUSDT, now finding its footing at an essential demand zone, signaling a possible market move.
๐ Diving into #APTOS latest moves, it's apparent that it fell short of breaking past its previous high, stirring up bearish vibes. Yet, a bullish shift seems on the horizon from the demand level of $9.3298. With momentum on our side, we're eyeing a climb capable of surpassing the looming resistance.
๐ Should momentum for AMEX:APT begin to fade, a bullish revival from the solid support at $7.8646 is what we're looking out for. However, dipping below this critical level may indeed mark a transition towards a deeper bearish phase
APT/USDT: APT Trade EntryWe are considering a scenario of the beginning of APT purchases.
Since the beginning of the second half of October, the asset has been demonstrating an upward trend, starting from the price level of $4.7926 and reaching $11.0934. This growth amounted to over 130%.
At the moment, APT is undergoing a correction and is trading around the inclined resistance level. The POC volume level is also close to this resistance level.
We are entering a trade on APT with the expectation of growth to the price level of $11.0934, which is more than 16%. Upon reaching this price, we plan to partially close the position, leaving it open in case of buyer activity and positive market sentiment.
Then we will hold the position until the next target at the price level of $12.9259.