APTUSDT trade ideas
#APT/USDT#APT
The price has been trading in a downtrend since February 2023
This downtrend has been broken and it is expected that the price will rise linked to Bitcoin's upward movement
And with Haddock there was a disengagement in the movement.
Entry areas specified on the drawing
About price 5 $
With a goal of 14 $
Nearly 300% expected rate of increase
On more than one expected upward wave
APT: Bullish Pennant BreakoutTrade setup : Bullish breakout from Pennant pattern signals resumption of uptrend with upside potential to $8.00 or even $10.00. Stop loss at $6.60. Previously, price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend.
Pattern : Bullish Pennant - forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume.
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 $5.40 (previous resistance), then $4.70. The nearest Resistance Zone is $8.00, then $10.00.
APT: Bullish Pennant BreakoutTrade setup : Bullish breakout from Pennant pattern signals resumption of uptrend with upside potential to $8.00 or even $10.00. Stop loss at $6.60. Previously, price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend.
Pattern : Bullish Pennant - forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $5.40 (previous resistance), then $4.70. The nearest Resistance Zone is $8.00, then $10.00.
APTOS/USDT 1D. Cup forming. Phases. Target zones. Time zones.Here's hype Aptos blockchain chart.
When listed, dumped huge by about 71%. Similar as SUI for example now. After that - rocket pump for about 565%, showing "strength" of an instrument.
After that pump, huge cup started to form, which is shown in this idea.
1st phase of this pattern - is descending in the downtrend trend channel. You may also call it ABC correction.
After that, being in this channel - falling wedge started to form, which gave the beginning of the second phase of this big cup potentially(!). From the height price has corrected for about 85% of the impulse to the previously resistance of the local accumulation zone, which was also the first stop during the pump.
We're now being in the second phase of this cup, which is - accumulation. Right now potential horizontal channel is forming. It's worth noting, that this can last for a very long time, so you should notice that.
But, the plus is, that this asset is only the first cycle on market, so due to it, it might move very quickly(volatility), which can be used.
As for now, the price of the Aptos is breaking above the falling wedge and forming potential bull-flag(consolidation in the form of a triangle after an impulse). Hence - if the price breaks above this local triangle - the target zone will be the amount of the previous impulse which is about 82%. I have marked the potential targets zone on chart.
As a bonus, i have also pointed the approximate time zone of each next phase of a cup potentially:
1) 3d phase is rise towards the resistance of the cup, which is firstly 12$ zone, then - 20,4$ zone. This could happen somewhere in the spring 2024(april-june).
2) After that - next phase, which is the 4th one - breakout of cup and rise, which falls approximately on Fall 2024 in the date somewhere of october-november 2024(as altcoins local season right now).
As for now, the price is between 2 zones - support zone, which previously acted as the resistance, and the resistance local zone, which previously acted as support, this two zones form the channel, which the price is currently in right now.
Until we're walking in this channel - we might still see the move somewhere to the middle of the channel or even it's bottom part, to retest the broken falling wedge. Might even be the false breakout downwards if the market sees capitulation at the moment. Yet, it's likely to be bought out quite quickly. As to that matter, you might even use this period(somewhere about january-february potentially), if it will occurs, or just skip it and stay calm(don't react).
If price breaks the resistance - it might move to the next resistance zone, after which it's very likely to see the pullback(mention timezone above), after which rising to the resistance of the cup. In that case - very beautiful cup will be formed, which is very good for the manipulator(people will see that cup). After that, the price might see the movement to somewhere about 60-100$ zone approximately. Better make the update later with the clear targets. But those are the approximate milestones of this cup.
The volume is now seeing the compression, which can be observed on the volume indicator.
APT(APTUSDT): Important Breakout & Bullish Continuation↪️After testing the 6.800 area of support, #APT was accumulating within an upward triangle pattern for a week. The price ultimately breached and settled above its neckline today.
I hope to observe the continuation of an increase towards the objective higher high above...👍✅
APT: Bullish PennantTrade setup : Price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. However, price got overbought (RSI ~ 75) just as it reached $8.00 resistance and pulled back on profit taking by traders. Now it’s consolidating in a Bullish Pennant pattern. If it breaks above $7.15, it could signal resumption of uptrend with upside potential to $8.00 or even $10.00. If it breaks below 200-day MA, it could revisit $5.40 support.
Pattern : Bullish Pennant - forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $5.40 (previous resistance), then $4.70. The nearest Resistance Zone is $8.00, then $10.00.
APT 2nd Scenario Update (see previous analysis for context)This scenario is the opposite of the 1st scenario (bearish) and just like we have a fakeout out of the channel at 10th of June ($5.2) this current spike might be a fakeout too completing the wave 2-green of the developing 5 waves down.
This scenario becomes invalid the moment price touches the invalidation level on the chart.
(See 2nd scenario on page for more context)
#APT AMEX:APT
APTUSDT - PERPETUALEnd 2023 & Beginning 2024 Price Projection
Good opportunity at this time, Chart looks nice and healthy. There is a well-formed wave 2 on the 9-hour chart. Waves 3 (10,687), wave 4 (8,216), and wave 5 (12,052) are marked on the chart, along with the time required for their healthy development. I recommend taking small profits and reinvesting at key points (wave 4) to maximize opportunities.
SL & TP indicated on the chart.
Please manage your leverage responsibly.
APTUSDT----->15$ But First 6$ !Hello to all!
I think everything is clear enough in the chart and there is no need for additional explanation.
Of course, the daily candle hasn't been closed yet , and it may be closed in any way. However, this shooting star candle was just one of our confirmations for this BINANCE:APTUSDT analysis.
And next to the specified resistance levels and Fibonacci points and the points mentioned in the BINANCE:TRBUSDT chart analysis, I think this movement is probable.
So, the first target is 6 dollars , then the targets are 12, 15 and 20 dollars .