APT
Aptos seems over pricedAPT (Aptos) from the very beginning of It's launch had controversy.
1. Tokonomics: About 80% of total token are holded by the developers, angle investors and founders of it.
That's means they have the power to make movement with this token
2. Transaction rate was totally a lie. They just told a number out of no where.
3. According to CoinGecko, token prices soared when the APT token debuted, reaching a peak of $13.73.
But as expected by the community and analysts, APT has already dropped by approximately 50% to $7.46 at the time of writing.
APT - Keeping your finger on the pulse.The long-squeeze. It appears from this situation, because it is not logical to lead the crowd, and to get the whole volume of the position, the extra liquidity will not be a hindrance.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Plan for potential "ape" spreadJust a small idea.
I like this company; been trading it since 2018 and the pandemic.
"In case" the Monkeypox virus spreads, this could be a decent hedge. We saw $SIGA with huge gaps last week (similar play), which likely will open higher on Monday.
According to one source; It's spread through droplets and/or contact with infected lesions; skin contact coughs, etc. In other words, this is nothing you only inhale, like Covid"
By that, hospital staff would need to wear full protective gear (In worst-case scenario).
Alpha Pro Tech makes "high-value disposable Personal Protective Apparel and masks", and I, therefore, expect it to extend its weekly base building and breakout.
Entered Thursday. Had a nice PocketPivot and wedge BO from Friday.
Stop: 5% start. When 5% gained -> moved to B/E before trailing 5%/ma10.
Not my classic setup, but there are not any good breakouts in this market anyway :)
Good luck next week.
Falling wedge pattern with big profit expectancy 3-5 fold $APT The falling wedge is a bullish pattern . Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. In general, a falling
wedge pattern is considered to be a reversal
pattern, although there are examples when it
facilitates a continuation of the same trend.
This article explains the structure of a falling
wedge formation, its importance as well as technical approach to trading this pattern. We will discuss the rising wedge pattern in a separate blog post.
How to trade it :
A:
falling wedges entries are right on the breakout however , such a mega falling wedge to be played differently.
Entry: after breaking the wedge's upper border at point (5), either with an entry after the breakout, or after a possible retest of the upper border's breakout rate.
Take profit: identified by measuring the vertical distance between the first resistance (1) and the first support (2), that measurement is then applied from the breakout rate (5)
Stop loss: can either $3 price mark, or a Pre defined level per your trading conditions however , you should give the trade a room .
B
Buy and slice while it's moving up .
The setup is crazy and might go five to ten fold increase , Yes I know what I'm talking about , Check my other ideas here $INDO .
Check out
Good luck!
APT - Afterpay potential Could we see a potential push upwards on the trendline? Or perhaps a break to the next support level? Leaning more towards a neutral viewpoint, what do you think? Any alternative viewpoints would be appreciated!
APT - Here We Go Again pt.2? Mask Mandates Incoming...APT - Here We Are Again pt.2? Mask Mandates Incoming...
BUYING CALLS
BUYZONE = 7 - 6.22
1st Target = 10.50
2nd Target = .236@14
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
APT.ASX_Range Breakout Trade_ShortENTRY: 89.00
SL: 99.15
TP: 70.06
- ADX>20
- RSI<50, RSI<30
- Daily RS -ve
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS +ve
- Weekly FFI -ve
- Weekly MACD -ve
- Breakout from range with good volume
Afterpay Trading Opportunity?With recent move up from area of Moving Average 200-days, we can determine harmonic resistance level using Fibonacci Retracement at 0.618.
10% upside potential to reach the target. Or 20% when it closes the gap at $149 price level.
Beware of a potential pullback to fulfill the gap at $110 and $106.
APT Technical Analysis 🧙Alpha Pro Tech Ltd is involved in the business of developing, manufacturing, and marketing of disposable protective apparel, building supply, and infection control products principally in the United States. It operates its business through segment which includes Building Supply, Disposable Protective Apparel and Infection Control. It mainly offers a line of construction supply weatherization products, namely house wrap and synthetic roof underlayment as well as other woven material, different styles of disposable products like shoe covers, bouffant caps, gowns, coveralls, lab coats, frocks and other miscellaneous products. It also provides face masks and eye shields. It generates most of its revenues from the sale of products across the United States.
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Afterpay (APT) long Bullish trend, candle closes above 50 EMA. potential long position to the previous high.