APT/USDT Technical Analysis UpdateIt appears that #APTUSDT has formed a Bullish Pennant market structure at its recent high points.
If it can break through the diagonal resistance of this structure, there is potential for a strong upward trend to resume.
However, if APT fails to maintain a higher low, which is a sign of a local technical uptrend, it could signal that the trend has ended. In this case, the next significant level of support can be found in the red region below.
As the triangular structure continues to form, there is likely to be price compression towards the apex.
This suggests that #APT/USDT is preparing for its next significant move in either direction.
APTUSDT trade ideas
APTUSDTHello friends.
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Everything on the chart.(update)
long... long ...long.
thats all.
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APTUSDT is testing the dynamic resistanceAfter an amazing bull run, the current price of APTUSDT is testing a static daily support level, which is a price level that has historically acted as a strong support for the asset's price. Additionally, the price has bounced on the 0.786 Fibonacci level and is now testing a daily resistance level, which is a price level that has historically acted as a strong resistance for the asset's price.
If the price of APTUSDT is able to break out from the $15 area and satisfy Plancton's rules, it may be a signal for a new long position.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
APT Long Idea Making a Lower HighWe just reacted off a 4 hour order block, however BTC looks to go lower before it goes higher and in APT, this order has been completely mitigated.
We did have a small reaction off the mitigated order block, however I think it will follow the BTC price down to lower order block for liquidity before making a new higher high.
APTUSDT future for 5%/25% Absolute X5My recommended trades are based only on the uptrend of the market. It will be opened in the time frame of 1 hour and at the end of the day, profit trading will be closed with any amount of profit. And only losing trades will remain open until they are liquidated. This trading strategy is backtested and works only in an uptrend.
APTOs is taking the place of SOLANAMuch has been said about the dramatic increase in the price of APTOS this year. Surely it looked like a good short ... as @cryptomanran said, it is up 100s of percent. But, when you consider the price behavior of Solana during this time, regress the two against each other or against ETH ... You will see that it has really been a typical pattern that indicates a bullish bet is being made for APT in favor of SOL ... look at the way they trade and you will see them get jiggy when we approach the level of 0.60 - 0.62 for the ratio of APT to SOL (APT/SOL). Seems like some big Solana bag holder is doing the swap. Not investment advice ... just what I am working on right now.
APTUSDT future for 5%25% Absolute X5My recommended trades are based only on the uptrend of the market. It will be opened in the time frame of 1 hour and at the end of the day, profit trading will be closed with any amount of profit. And only losing trades will remain open until they are liquidated. This trading strategy is backtested and works only in an uptrend.
