Aptos
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APT: Pullback in UptrendTrade setup : After sizeable gains (~400% YTD 2023), price was met with selling pressure around $20 resistance area. However, the selling is on low volumes, which is actually bullish. Momentum turned bearish (MACD crossover). Pullback near $15 support could be an attractive swing entry in Uptrend. Wait for Momentum to inflect bullish again (MACD Histogram rising).
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $15, then $10. The nearest Resistance Zone is $20.
AptosLaunch is the first decentralized launchpad on the Aptos0.11 & 0.12 has strong support, Also there is an order Block present in a 2-hour time frame,
Suggestion for u :
It's still in the early age, only just one launchpad has increased the price of alt to reach 0.23 ATH at the moment but still, there are 10+ more projects to come on the launchpad of Aptoslaunch.
If you are thinking that you are late then you are wrong, you r still early, Still, much more has to come.
Also, do your own research for the project.
Info :
AptosLaunch is the first decentralized launchpad on the Aptos Network. With Aptos building the safest and most scalable Layer 1 blockchain for the next billion users, AptosLaunch is engineered from the ground up to empower Aptos project owners (both Token & NFT), by offering a strategized token launch experience with a customized launch model, time period, accepted token types and auction algorithms. AptosLaunch only succeeds if our launchpad projects succeed.
POLYGON: The darkest horse on the crypto hippodromePolygon is Ethereum's first successful L2 solution. Aside from the main product, Polygon blockchain, the project also offers solutions based on the ZK and SNARK algorithms.
One of the main narratives for 2023 is blockchain and ZK-based solutions; we can assume that when zkSync, StarkNet, and other similar projects emerge, Polygon will grow alongside them, because market participants will find that all of these technologies are already implemented and used in Polygon.
Current metrics
Price: $1.09
ATH price: $2.8
M.cap: $9.5b
ATH M.cap: $20.5b
FDMC: $10.8b
Price change in a year: -57%
Maximum price change in a year: -87%
Polygon partnerships deserve special attention:
Meta
Nike
Htc (smartphones production)
Reddit
Robinhood
JPMorgan
DraftKings
Adobe
Liverpool
Starbucks
Adidas
Prada
Stripe
Nothing
NFL
Why is Polygon one the most prospective projects of the future?
While Ethereum solves scalability and gas price reduction issues
Solana is trying to address user churn, liquidity, and network sustainability issues
Near is trying to establish itself in the market, develop marketing strategies, and attract developers
Aptos is emerging as an ecosystem
Sui, Sei, Arbitrum, ZK and STARK are getting ready to go to market
Polygon is fully committed to becoming a mass-adoption solution and collaborating with as many real-world companies as possible. The next bull cycle will be based on mass adoption and engagement, which requires companies with a user base and products that are used by the masses.
Polygon is aggressive, and the average user is much more likely to hear about Polygon than Aptos/Solana/Near. Polygon develops solutions that, like Ethereum, do not require high transaction costs. Polygon has a well-established ecosystem and its own user base. Polygon has a chance to become the most widely used blockchain project.
Share your thoughts about Polygon in a comments section with us and check links below to trade Polygon with our exchange!
Thanks for reading!
Trade Setup for APT The idea is: Buy when the price breaks above 17.51$ and take profits at the levels shown in the chart.
Targets:
1. 17.7$
2. 18.2$
3. 18.6$
4. 19.1$
5. 20$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
APTUSDT - The Big Short (Once Again)The Price of APTOS has soared more than 100% in last 15 days.
It's very intuitive for traders to start looking for a correction after such a huge pump in such a short time.
But, its crypto and here trend is your friend.
But I am trying to use the established theories and maths to check out whether the strategy works or not.
Shorting APTOS (APTUSDT here)
lets see what happens.
ALT welcome to $1AptosLaunch is a community-driven Launchpad built on the Aptos Chain, powering the Aptos Web 3.0 Economy. We strive to empower crypto projects with the ability to raise liquidity on the safest and most scalable Layer 1 blockchain — Aptos. AptosLaunch is the first decentralized launchpad on the Aptos Network.
APT/USDT. 💰 APT made a parabolic run breaking all the resistances and making an ALL-time-high.
Currently, the price looks overbought. If we plot a parabolic curve on chart, we can see that APT is very close to the peak.
BitVero Crypto Academy.
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
WHAT IS HAPPENING TO Aptos? Who made money on $APT and how?Hello everyone! Since our previous idea , $APT has increased threefold, and since its "all time low" on December 29, it has increased fivefold. First and foremost, we want to congratulate those who started to buy $APT tokens!
Despite our long-term bullish position in $APT, what is happening with the token right now is surprising and stressful for us. We anticipated that the $APT token would rise to $10, $15, $20, and even $100 and beyond.
Market capitalization and FDMC allow $APT to grow 5-10 times more and enter the top 10 tokens in terms of capitalization, but that growth must be healthy and smooth.
Turning the concept of healthy growth around, we can define it as growth based on ecosystem development, protocol development within the network, and increasing token price by accumulating inside value.
Aptos is a muddy river
The current rate of growth in $APT is unsustainable, as we have seen in $SOL, $AVAX, and $NEAR. Given that these examples already had their own narratives at the time of growth, $SOL had DeFi and NFT as well as an EVM-like network for capital and liquidity migration, $AVAX had DeFi, and $NEAR had DeFi, NFT, and Aurora, a protocol compatible with EVM networks. Aptos currently lacks all of these features, including advanced protocols of its own, formed narratives within the ecosystem, and full EVM support. Aptos as a market has become a very muddy river for us, with no idea what is going on on the other side of the water surface.
The data proofs
Let's start with the basics of any crypto protocol research – TVL. We will move in chronological order
08.12-28.12
TVL: up from 38 to 52 million USD.
Total and local value of TVL: up 14 million USD
The $APT token price:
08.12 - 4.9$
28.12 - 3.2$
This period is characterized by minimal trading volumes, low volatility and consistent and smooth growth of TVL, as well as consistent and smooth fall of $APT. Most likely, it was at this point that the most astute users began to enter the market and invest their funds in APT protocols, while traders gradually sold their $APT tokens.
28.12-08.01
TVL: up from 53 to 56 million USD.
Local value of TVL: increased by 3 mln USD
Total TVL value: up 17 million USD
APT$ token price:
28.12 - 3.1$
08.01 - 3.9$
This period is characterized by a sluggish market, weak volumes and little growth in TVL
08.01-10.01
This is when the most interesting things start to happen, watch closely.
TVL: fall from 56 to 49 million USD/.
Local value: down 7 million USD
Total value: up 10 million USD
Token price $APT:
08.01 - 3.9$
10.01 - 5.8$
The peculiarity of this period consists in the following things:
There were no more $APT sellers, only those who wanted to sell between 08.12 and 28.12 and before that.
The fall of TVL began, and some users who came between 08.12 and 08.01 began to fix profit, confirming the fall of TVL and the rise of token.
The most significant change is that on January 9, a user or group of users purchased $APT, which increased from $4.1 to $5.3. These were clearly not retail purchases, as the entire retailer was either in the red or had already sold their tokens. They were also not purchases by users who contributed to TVL because there was no TVL growth, users were already in position, and users were withdrawing $APT from protocols. To comply with risk management, 7 million of the 17 USD invested between 08.12 and 08.01 were withdrawn and most likely fixed.
After one month of market activity, the question remains: where did the buyers come from on January 9th, and who were those buyers? Answering this question will lead to the answer to another. At that point, who could have been the sellers?
There is no doubt about the sellers; all of the retailers dumped $APT, on-chain pharmacists were holding $APT in protocols and their price was about at breakeven, and only early investors, who were most likely already profiting from $APT bags, could afford to hold and buy in large volumes.
Whatever happened next with the $APT price is irrelevant to us.
Retailers continued to buy tokens as they anticipated FOMO and reversal.
Onchain farmers and TVL providers received additional protocol rewards, existing farmers were most likely joined by new users, and TVL increased from 49 million to 59 million.
The big players continued to drive $APT growth, most likely because they were capturing their super profits in installments. These are the times when we see pullbacks and price corrections on the charts.
You'll agree that it's difficult to call an asset pure if its growth was fueled by a small group of big players who profited handsomely. Congratulations to those who were able to profit from their bullishness and long-term analysis; good job!
What do we think about $APT?
If you are not yet in a position, do not enter because you do not know the situation in this asset. If the whales need to fix their profits tomorrow, believe me, they will, and you will fall along with the price.
If you are already in position, then calculate all of the possible outcomes when the whales must lock in their profits. It will not make sense to pump $APT because it will be too expensive. Follow your vision.
Take this case apart, reread this article again, follow the basic patterns, and keep this strategy in mind.
Conclusion
Subscribe to our account and stay ahead of the market with us! Also you can trade $APT with us. Check descriptions links, share your thought about Aptos and thanks for reading!
APTOS - break diag for new highs Not entirely confident where APT breaks to - a clean break of both diags would be a good trigger for now.
Green demand-zone below - visited a few times already. I doubt we get another opp to enter in green, if this pushes higher I'd bet it happens sooner than later.
Break downward and I doubt green holds, would look lower.
Cheers