I am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
Aptos has suffered during the last couple of weeks making the price especially attractive here. Additionally, we are nearing a good area of support both price-wise and on our RSI. An entry here at 11.87 with a target of 18.00 and a SL of 9.87 puts our RRR over 3 to 1. I like these odds.
A breakout occurs when the price of an asset moves above or below a significant level of resistance or support respectively. In this case, let's say APTUSD experienced a breakout above the $17 mark. This signifies a potential shift in market sentiment where buyers have gained control and are willing to pay more for the asset, pushing its price above the previous...
Aptos is a new project in crypto market with a lot of attention as well as features to offer. There is not much price candles to tell the big picture pattern; but as can be seen after APT made a harmonic pattern, it went into a corrective phase which seems unfolded in a complex two a-b-c pattern. Please note that this corrective wave might take longer to finish...
Based on technical analysis indicating a potential cup and handle formation in the APTUSD chart, there's a compelling expectation for the price to surge from its current level of $18 to $90. The cup and handle pattern typically signifies a bullish continuation, with the gradual upward movement forming the cup followed by a temporary consolidation or retracement...
Aptos to the moon, this thing is gonna yeet brev! Becos the APT/BTC has been looking juicy for some time now. Look at da price, look at volume, look at da strength on all these beetcoyn dips!
APTOS has held up better than most mid cap coins during todays BTC sell off.
Using a conservative entry on the ascending triangle pattern we can maximize R/R for this trade by entering off the rising trend. Not at the top of the range which is higher risk.
Be sure to watch the MACD for more dark green histogram hints. Light green or red prints can indicate weakness.
thanks to a call out by @EXCAVO I started following this token over the last week, which happened to have its largest volume of its life time in just the last week alone.
looking for a retrace here, then a build back up.
daily is volume breaking 20m
COINBASE:APTUSD broke above the downward trend line to break out of the bullish wedge / pennant pattern. Also broke to new highs above previous resistance. Price broke above period 250MA.
2 weeks ago they released $250m of locked coins. This barely impacted price.
Looking for a 2:1 risk to reward, based on the height of the wedge. Stops below previous major swing low.
Aptos is a strong project but with hidden motives.
We are in a very long acummulation phase for the next big move.
There are 2 scenarios that I look to:
1) We settle the ground between 8.5$ and 10$ and go to a new ATH, slowly.
2) We revisit the lower Line I have drawn around 5.7~6$ for a quick retest and go for 34$+.
My plan is to go very big on purchasing...
I’ve got another trade for you all here in Aptos. Nearly all of my signals are flashing green on APT. I can’t sit the sidelines waiting on Bitcoin here. I’m in at $9.50. Targeting $11+. SL is $8.73 (just under the VRVP PoC) for a 2/1 rrr.
Looks like APT is starting to move higher after pulling back to support at first quarter retracement of the whole move.
Also, retesting meme diagonal resistance as support.
If can continue closing above 9, a swift move. up to 13 (mid of the whole move) seems imminent.
SUI had a nice run, price discovery. While Aptos at 1/2 of ATHs.
SUI also jumped over Aptos in terms of FDV 15b vs Aptos 9.7b.
Aptos had big involvements with FTX maybe that's why sellpressure and underperformance.
In terms of chart:
- ATH - Low --> FIB
1. beautiful retracement to 0.25.
2. bounce to 0.618 got rejected
3. tested 0.5 as support
4. now...
A few weeks ago, I shared key weekly levels on a number of tokens that I have been watching. Some of the newer tokens continue to show strength, uninhibited by traders that have been underwater for years and are looking to sell.
As you can see, Aptos finally broke and close above the key resistance at $9.44, after failing with wicks above for many weeks....
An idea for APTUSD comparing a previous bullrun to the one that is emerging now
A lower low can be seen in both situations leading to the bull run, this is shown in the white box and the green dotted line.
I do not have a price target but it should surpass the previous ATH.
