Aptos (APT)

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 and get more complex. Anyway, we need to see the minor downtrend line break as the first signal for upward continuation. Let's see what happens.

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Aptos so far; have to wait for the price to break the downtrend lines. Let's see what happens.

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Aptos trying to break the downtrend line. Let's see what happens.

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So, after Aptos broke the downtrend line, it went up. It seems APT's candle patterns are similar to Space ID; if true, a strong upward wave can be expected. Let's see what happens.

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So, Aptos broke the minor downtrend line, went up, and now is making a retrace/correction. Let's see what APT will do.

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So, Aptos went up and approaching the first horizontal resistance area, that is the ATH. Let's see how Aptos react to this area.

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So, Aptos reached the ATH, almost, couldn't break it thus went down. Correction took APT to the local low, and it seems APT is moving in a rectangular box-shaped area. Also, correction unfolded in an inverted descending triangle which APT is trying to break. If successful, the next upward wave will start. Let's see what happens.

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So, Aptos analysis is still valid, moving in a rectangular box-shaped area, and has recently revisited the bottom. Let's see what happens.

SaeedSalehinia

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SaeedSalehinia