APTUSDT trade ideas
APTUSDTTo much confluence between 11.77- 11.20 probably there would be very big buy and from there we will atleast got bounce of 5-10%
Solid resistance: 12.6
Main resistance : 13.4
Last Resistance: 14.9
We are going step by step.
To be honest for me this is swing trade to mid term.
I will hold it till it don't hit my tp around 25-27$
APTUSDTTo much confluence between 11.77- 11.20 probably there would be very big buy and from there we will atleast got bounce of 5-10%
Solid resistance: 12.6
Main resistance : 13.4
Last Resistance: 14.9
We are going step by step.
To be honest for me this is swing trade to mid term.
I will hold it till it don't hit my tp around 25-27$
APT is at interesting levels
APT is among the rare cryptos that have a green candle today.
Suported by news (*), APT's prices hold well the key level which is a confluence of
Lower trendline of a falling wedge
Fib 0.618
CMF bounces at support trendline
In my opinion, one can accmulate APT here down to $10.2 and sell at proposed targets. It would take some weeks.
This trade is quite risky in the current context which is not favorable for both stock and crypto markets. Stoploss would be tight: for example 1D cancle closing below $10 or below the lower trendline of the falling wedge.
(*) Launch of NFT Bridge on Wormhole expanding Interoperability across chains
APT: Pullback in UptrendTrade setup : After sizeable gains (~400% YTD 2023), price was met with selling pressure around $20 resistance area and pulled back, which could be an attractive swing entry in Uptrend with upside potential to $20.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $10.0, then $5.0. The nearest Resistance Zone is $12.50, which it broke, then $20.0.
APTUSDT ROAD TO NEW HIGHFirst resistance is 12.69 and last resistance and confirmation for new high is 16.7 or something around that.
Lets see how it will goo.
I prefer to see this kind of structure after masive pump usually we get corrective down with 3 legs and once we break that 3 legs diagonal resistance usually we made another small corrective moves of that breakout of trendline and then we get the pump with high volume.
Lets see can we get it from this area of even up/lower -5%-10%.
🔥IT'S TIME TO SHOW THE POWER FOR APT AFTER 50% PULLBACK🔥Hi, friends! Aptos make a 50% pullback and I think this is a time to look for a long. More in my idea trading plan!
📊 MY TRADING PLANS FOR APT:
🔥 false breakout of $10.62 key level
🔥 volume growth
🔥 bullish BTC
🚩 Friends, the bullish false breakout is when the price close below and the next candle close above the key level or just the wick collect stops of the long traders.
✅ MY TARGETS FOR APT:
1. $14 - the key level and local high
2. $16.74 - the key level
3. $20.4 - the key level and local high
Traders, do you still believe in Aptos or think that it returns to $2-3? Write your thoughts in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Another simple concept of a correction processMy setup is not complete yet
But from here I have started buying the price is fixed enough and I wont be too bothered
It also examined the formation of an ascending bitcoin triangle in the 4-hour time frame
That long shadow will be filled with price this week