Aptos Trade Idea - Aptos has bounced back quite strong where it has yielded more than 25% in a week
- Aptos can soon mitigate 10$ as well only if we sweep above 7.6$ on a daily timeframe and continue to stay above the same by either consolidating or by making a weekly close above that
- Make sure that you don't get trapped in longs by simply longing it right after the sweep it can be a liquidity grab as well so stay a little cautious
- My overall bias for Aptos is bullish and I soon see it piercing 10$ and 16$ as well on a quarterly horizon
- Hold your spot wallet and do not try to leverage much and don't even try to short the market
APTUSDT
APTOS (APT) PRICE ANALYSIS APT is currently approaching upper boundary of descending channel which acts as huge resistance for more than 100 days. Expect a mini pullback first before breakout and then gain momentum.
If breakout is successful then targets could be 7.8, 9.5, 12.
We need to wait for successful breakout, entry zone will be from 7.0 to 8.0
Aptos 1D Technical Analysis - Major Altcoins are also seeing liquidity getting sucked out of them
- I consider Aptos, currently priced at 4-5 dollars, to be a strong buy.
- If you are looking for a long term swing pick then APT looks fair to me
- BTC Dominance has almost made its TOP
- I don't think we should fall beneath 4$ for aptos
- Consolidation and basing is going to be a part of Aptos's Price Behaviour so make sure that you do not get swept out
- Always manage risk properly
Aptos Swing Long Positional Trade - Aptos is currently trading at its weekly demand zone
- Aptos is fundamentally strong with a good development team and the only thing that is a little concerning is its total supply and its unlock
- From a technical perspective I find Aptos trading at an extreme zone
- Watch out aptos at this zone you can add positional swings
- I see an easy 100% from here in a quarter
#Aptos Price Analysis: From Symmetrical Triangle to $100 APT/USDT Technical Analysis Update
➡️ Current Situation:
APT price was recently rejected at the resistance level of its previous all-time high. Observations on the higher time frame (HTF) charts indicate the formation of a symmetrical triangle. After a breakout, the price is currently retesting at the support level.
➡️ Key Support Zone:
The strong support zone and recommended entry levels are between $9 and $7.50 (spot trading). This provides a favorable risk-reward setup for potential entries.
➡️ Long-Term Outlook:
In my opinion, Aptos (APT) holds the potential to reach $100 in the long term. This makes my long-term target for APT a solid $100.
➡️ Short-Term Targets:
$18
$30
$48
These targets are set based on current market dynamics and breakout patterns observed in the chart.
➡️ Risk Management - Exit Strategy:
It's crucial to manage risks by setting an exit point. If the price breaks down below the red trend line, currently around $6.50, consider exiting to preserve capital.
➡️ Market Sentiment:
The overall sentiment will need to be monitored closely, particularly how the price reacts at the current support level. Maintaining a flexible approach will be key as market conditions evolve.
➡️ Remember:
Always do your own research (DYOR) and consider your risk tolerance when trading.
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APTUSDT Long: High Timeframe Breakout and RetestLooking for a big push from APT to range highs after a significant breakout and then a flush, forming this retest. This is after a period of long consolidation.
TP1 is set at 10.937 offering a conservative exit at the local highs. TP2 is at higher timeframe resistance and liquidity zone
APT/Aptos Swing Setup Aptos is a Layer 1 Proof-of-Stake (PoS)
- Layer 1 usually moves once you see a decent infusion of money in Major Alts
- Aptos recently spiked up to 10.7$ yielding a gain of 13% in a day
- 9-9.4$ can be the zone where you all can think about accumulating Aptos for long-term
- I am very bullish on Aptos in the long run
APT/APTOS Trade Idea - Aptos is currently compressing a lot.
- From a High Time frame narrative you need to look at the bigger picture
- My Investment Targets for Aptos range from 13.5$-20$
- Do not exit this at a small gain at least aim for 30-50% mid-term
- From a Trading Perspective swings can be attempted here and aim for 13$ soon
- Major Alts are still left to blow up
APT Analysis: Testing Resistance with Bearish Bias
💎 APT is currently testing the resistance trendline of a descending channel. Additionally, a closer look at the candles reveals that red candles are larger than green ones, suggesting a higher likelihood of a bearish trend.
💎The price is also indicating CHoCH, and it's currently at the bearish OB, coinciding with the Fibonacci 0.618 level and the resistance trendline of the descending channel. These factors collectively support a bearish outlook for APT at this level.
💎For confirmation of the bearish scenario, we would ideally need to see a bearish engulfing candlestick pattern. Previous price action has shown bearish reversals following such patterns at every low-high point.
💎However, if the price manages to break above the bearish OB, we may witness a bullish movement. Still, it's important to exercise caution as such moves can be deceptive. Therefore, I would advise against considering bullish scenarios for APTUSD at this juncture.
Aptos Swing Long Update - Aptos swing has currently achieved all my targets.
- I have entered this again at the current prize, I will add more size in the next retracement and look to size up more once I see a retracement
- From a swing perspective Aptos has completed a huge accumulation and now it's out of its base
- I will prefer holding APTOS for the next quarter as a huge mid-term swing my first potential target would be 20$
- This position and call-out involves patience if you don't have it better not enter it
- Manage risk invalidation below 7.5$
APTOS : Technical Outlook of APTUSDT Aptos Overview:
Cryptocurrency: Aptos (APT)
Current Price: $7.79
Recent Change: -4.79% in the last 24 hours
Last Week's Price: $8.41
All-Time High: $19.92 (January 2023)
Future Predictions:
Best-Case Scenario (2024): $12.65
Worst-Case Scenario (2024): $6.23
Predicted Price (February 2024): Average $9.08, Highest $9.71
Predicted Price (June 2024): Average $9.61, Highest $10.28
Market Activity:
Total Supply: $305 million
Market Cap: $2.37 billion
Trading Volume: 139.6 million
30-Day Change: +12.32%
Summary:
Current market sentiment suggests a potential future value between $9 to $12 in 2024.
Despite recent fluctuations (down by 4.79%), the 30-day trend shows an overall increase of 12.32%.
Total supply is $305 million, and the market cap stands at $2.37 billion.
In short, Aptos is a cryptocurrency with varying predictions for its future value, currently priced at $7.79. The market has seen ups and downs, but experts are optimistic about its potential growth to $9 to $12 in 2024.
Regards
APT/USDT Faces Resistance Due to Token Unlocking ?
In this technical analysis, we will focus on APT/USDT, a prominent cryptocurrency pair.
Traders and investors should closely monitor these factors for potential trading opportunities.
Resistance Area at 7.7-7.9 due to Token Unlocking:
APT/USDT is currently facing a strong resistance area between 7.7-7.9, primarily due to an impending token unlocking event.
Token unlockings often introduce additional supply into the market, potentially causing downward pressure on the price.
Expected Price Dip towards 5.5-5.75 Levels:
Considering the bearish effects of the token unlocking event, there is a possibility of a price dip in APT/USDT. We anticipate the price to decline towards the range of 5.5-5.75 levels. Traders aiming for short-term profits can consider setting their take-profit targets within this range.
Bearish Event: Unlocking of Tokens:
The unlocking of tokens in APT/USDT is regarded as a bearish event due to the potential impact on supply and demand dynamics.
With additional tokens becoming available in the market, selling pressure may increase, potentially leading to a temporary price decline. Traders and investors should be aware of this bearish event and adjust their strategies accordingly.
Conclusion:
In conclusion, the technical analysis of APT/USDT suggests the presence of a strong resistance area due to an upcoming token unlocking event. Traders should exercise caution within the range of 7.7-7.9, as the unlocking may exert bearish pressure on the price.
An expected price dip towards the 5.5-5.75 levels presents potential short-term trading opportunities.
Title: APT/USDT Technical AnalysisTitle: APT/USDT Technical Analysis: Strong Support, Increasing Buying Pressure, and Bullish Breakout Suggest Potential Price Bounce ?
APT/USDT is currently positioned at a crucial support level, showcasing the strength of 7.6-7.8 as it acts as a support-resistance flip.
Previously a resistance area, it has now transitioned into a solid support level. This shift in market sentiment reflects the increasing buying pressure and the buyers' determination to defend this level.
Based on our technical analysis, there is an optimistic expectation for the price of APT/USDT to experience a bounce in the near future. The strong support at 7.6-7.8 indicates a favorable environment for buyers to regain control.
Furthermore, recent market developments have shown a bullish breakout above the critical range of 7.6-7.8. This breakout signifies that buyers have successfully reclaimed the area and gained dominance over the sellers.
If the bullish momentum continues, and the breakout is confirmed, it is likely to attract additional buying interest, potentially pushing the price toward the target range of 10-11.
APT/USDT Set to Skyrocket?!!👀 TRU Today Analysis💎 Paradisers, take note! APT/USDT is currently nestled in a robust support zone, signaling a considerable level of buying interest in the market.
💎 Moreover, it has found a foothold at the lower boundary of a clearly defined channel, hinting at a possible price rebound.
💎 The intersection of these support levels amplifies the probability of a bullish move on the horizon.
💎 Traders and investors should keep a close eye on the price action as it nears the support zone and the lower boundary of the channel.
💎 A surge above these levels, backed by sustained buying pressure, could act as a bullish confirmation and spark a significant upward move.
💎 It's crucial to keep a close watch on the price movement and volume dynamics to assess the strength of the potential upswing.
💎 Market participants should consider setting suitable entry and exit points, as well as risk management strategies, to take advantage of the potential opportunity.
💎 As always, it's advisable to conduct thorough research and analysis, and consult with financial professionals, before making any investment decisions. Stay tuned, Paradisers!
APTUSDT slight high and then shortAPTUSDT is currently in abc pattern in downside. If previous high is not broken then there are very high chances that it will start coming down. I am personally not taking any positions in this right now but will enter in right time for sure. Keep watching this one. Happy Trading.
"Learn with Nikhil"
APT/USD - Weekly OverviewThe technical chart of Aptos (APT) token reflects the initial buying volume gathered which led to its new all-time high. However, since then, the coin has faced significant selling sentiment at regular intervals which eventually led to a downfall below the 0.236 FIB level. Since then, the price level was not able to have a positive breakout above the Fibonacci level.
Considering the technical indicators, it could be noticed the RSI level had a hard time sustaining above the level of 50 which implies that APT had not received constant buying volume from investors. The same goes for the MACD level which barely spent time above the histogram. However, considering the current trend, green bars have started to formulate on the histogram which could provide Aptos some positive momentum in the near term.
Overall, the price level needs to have a positive breakout above the resistance levels of $5.00 and $6.00. On the contrary, if it faces further downfall, support levels can be placed at $4.00 and $3.00.