The chart points suggest a short term bearish move may be likely with up to a 5% drawdown. The short target is at the extrapolated minor Cosmic Channel Lite support and the stop at the resistance.
APTOS is the native token of Aptos, a layer-1 blockchain network created by Aptos Labs. In order to maximize the network’s security and scalability, Aptos utilizes the Move programming language, which was created as part of Meta’s effort to launch the Libra blockchain. Being that this project is hyped due to it's connection to Meta and the Libra Blockchain APT...
APT, the hottest new coin in crypto is flying sky high. I don't recommend shorting these type of coins, but if you have a position I would take profits here. I think a mean reversion is coming to $11-12 in a few days, weeks.
Good Luck!
First shorting is gonna relatively easy but watch out for a very last micro short squeeze and then mid range chopping for a couple of months before the C wave.
Aptos is on another strong bullish 1D candle today after a 2 day pull-back. This is a parabolic rise that shows no sign of stopping yet as the 4hour MA50 is supporting this move since the start of the year.
The three rises since the parabola started have been approximately +90%, +74% and +111%. As long as the 4hour MA50 holds, we expect a minimum of +74% rise,...
APTOS (APTUSD) is having a very strong 2-day rally, having hit today the 0.382 Fibonacci retracement level since October 23 High, while forming its first ever Golden Cross on the 4H chart, which is when the 4H MA50 (blue trend-line) crosses above the 4H MA200 (orange trend-line). By doing so, it even broke above its 1D MA50 (red trend-line).
The 4H RSI shows that...
New l1s like this attract a lot of attention and when a lot of youtubers say not to touch it along with others in media it's probably the right time to lol.
Greetings,
Today we are looking at APTUSD. New to the market and highly volatile so it is important to set your targets and stick to them, don't get caught in on any hype. We don't have a lot of history to go from to analyze this, so i've done my analysis purely on the time that we have, which is why we're only looking at it on the 1hr. If APTUSD crosses the...
If you were one of the lucky few on day one who timed things perfectly when the listing occurred.
That was well earned profit for patience and a focused mind.
Now we are seeing what could happen.
Take away the listing pump and dump.
Focus on the low after the listing and the high that is happening now.
Looking bearish for awhile and could drop really low before...
![APTOUSD: [UPDATE APT] I Wouldn't be surprised.](https://s3.tradingview.com/0/0Cu0RrIU_mid.png "[UPDATE APT] I Wouldn't be surprised.")
