APT appears to have completed a 7-leg Diametric correction (A–G) — a rare and complex Elliott structure often seen before major trend reversals.
Currently, price has broken out of the descending channel, confirming the start of Wave G, which could extend toward the $7.0 zone — aligning with the previous Wave A resistance.
Key Points:
• 🌀 Completed Diametric structure (A–G) over ~233 days
• 🟢 Breakout from the descending wedge
• 🎯 Potential target: $6.8 – $7.2
• ⚠️ Support to watch: $4.8 – $5.0 (retest area)
If momentum holds, this move could mark the first bullish leg of a larger reversal phase.
Currently, price has broken out of the descending channel, confirming the start of Wave G, which could extend toward the $7.0 zone — aligning with the previous Wave A resistance.
Key Points:
• 🌀 Completed Diametric structure (A–G) over ~233 days
• 🟢 Breakout from the descending wedge
• 🎯 Potential target: $6.8 – $7.2
• ⚠️ Support to watch: $4.8 – $5.0 (retest area)
If momentum holds, this move could mark the first bullish leg of a larger reversal phase.
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🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📊 CryptoPilot – Advanced Technical Analysis for BTC & Altcoins
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.