APTUSD
Aptos Market Profile with $100 target Aptos is a very interesting development in the crypto space right now - interoperability between chains is a very important and difficult problem to solve, possibly the largest issue crypto faces right now due to so many different assets. What's interesting about Aptos is what they call 'homogeneous state sharding', in essence, they shard their entire chain and optimize it for different systems and applications whilst maintaining interoperability within their own chains utilizing a 'homogeneous bridge' whilst operating high throughput (150,000 transaction/second) and low latency transactions.
This bridge also bridges between different cryptocurrency chains and stablecoins - the real value in Aptos comes from their Web3 solutions for a wide range of applications from video games built on the platform to enabling businesses the ability to run their entire admin and systems management.
This is the fundamental aspect, I don't want to provide too much information as this is an early project released in October 2022 - a lot of what they can do is speculation at the current moment as they onboard more businesses and individuals onto their Layer1 solution.
I have copied the current information about Aptos from CoinMarketCap and posted it below should anyone wish to know what Aptos is and why any of this matters.
My technical view is in the above idea - I have created a market profile to provide a roadmap to identify risk asymmetry in the market, marking the lowest risk areas with a green box (also red arrows) as these are gaps due to impulse movement creating inefficiencies. Additionally, Support & Resistance is marked by red horizontal lines based on the High, Low, Close, and Open values of Weekly candles.
Blue boxes show Bullish order blocks, alternatively, orange boxes show Bearish order blocks.
Highs and lows of price structure are marked with price tags to visibly show the price value whilst providing a visual high/low structure.
Lastly, I use the Fibonacci tool with binary numbers (powers of 2) on a logarithmic chart to create equidistant levels, these are growth levels - the easiest way to think about this one is how cells divide and multiply which is the growth factor. Another way to see this is realizing that growth is exponential, and the natural logarithm ln(x) is the inverse of exponentiation, as nature grows at an exponential rate, so do the systems we create as we are a product of nature.
Now my technical view has been explained so you're able to understand how I create my approach, and you'll understand how I get to the two targets of $35.35, $69.69 & $135.95. They seem meme-worthy and made up (philosophically they are) however, they're the prices at each growth level. Each level is double the value from the previous level.
Combining my fundamental understanding, which I haven't wholly shared in this idea, with my technical perspective, in the instance, Aptos actually manages to pull off what they plan to pull off and the project doesn't die from one simple mishap, the current price at HKEX:2 billion market cap is ~2.5 grow factors away from HKEX:20 billion market cap. In theory, this level should be easily achievable should their plan and execution don't trip over the initial hurdle.
In the instance, they do follow through and execute their business plan in the way their whitepaper envisions, a market cap valuation of HKEX:200 billion would put that at roughly ~ HKEX:1000 per coin based on their current supply levels, another 10-fold growth. Surprisingly, also exactly on the 2048 growth level.
This is a high-risk play looking to pinpoint the lowest-risk positioning with the largest return based on my understanding of markets, price structure, and behavior. My personal plan is to attribute no more than 2-3% capital to this idea based on the fundamental aspects alone, aiming to buy what I believe are the levels where the bottom in the market will land.
Personal buy targets, whether achieved through panicked market conditions or declining market prices, based on my technical analysis, show a potential bottom at the following price levels:
HKEX:8
$5.50
HKEX:4
Due to the insane risk asymmetry within the market, returns between 2,300% to 24,000%, depending upon the success of Aptos and achieving their goals, as well as how deep the market goes if conditions for the entire cryptocurrency space go negative, are considered.
Let's see what Capitulation & Liquidation brings, should it arrive before the entire cryptocurrency bull market arrives - CRYPTOCAP:BTC is 365 days from the halving event after all. Anything is on the table and dips are coming.
Lastly, I don't think I need to say it but I will anyway:
This is not investment or trading advice.
The opinions, methods, and conclusions reached are by myself, for me, shared publicly for purposes of education and ego-stroking in the event the price goes up - or public humiliation if the project fails.
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What Is Aptos?
Aptos is a Layer 1 Proof-of-Stake (PoS) blockchain that employs a novel smart contract programming language called Move, a Rust-based programming language that was independently developed by Meta (formerly Facebook)’s Diem blockchain engineers.
Aptos’s vision is a blockchain that brings mainstream adoption to web3 and empowers an ecosystem of DApps to solve real-world user problems.
The PoS blockchain can achieve a theoretical transaction throughput of over 150,000 transactions per second (tps) through parallel execution.
In March 2022, Aptos raised HKEX:200 million in a seed round led by the venture capital firm Andreessen Horowitz (a16z). Other crypto heavyweights like Tiger Global and Multicoin Capital took part in the funding round. Fast forward to July, the startup raised another HKEX:150 million in a Series A round led by Sam Bankman-Fried’s FTX Ventures and Jump Crypto.
Two months later, Binance Labs made a strategic investment of an undisclosed amount in Aptos, bringing its valuation to HKEX:4 billion in September.
On Oct. 18, 2022, Aptos announced the mainnet launch, while the Aptos genesis occurred on Oct. 12, 2022.
Who Are the Founders of Aptos?
Aptos is the brainchild of Mo Shaikh and Avery Ching, both former employees of Meta. Mo, who is the current CEO of the company, is a founder with years of multinational financial services and blockchain/crypto experience. According to his LinkedIn profile, he specializes in scaling products and has experience in the private equity and venture capital markets.
Ching, on the other hand, is the CTO of Aptos. He is a software engineer and was one of the principal software engineers at Meta.
The duo worked together on the Diem blockchain project at Meta. Shaikh and Ching decided to join forces to create Aptos Labs when the Diem project was discontinued in January 2022. It, therefore, comes as no surprise that Aptos employs some of the technicalities of Diem.
Other members of the Aptos team include researchers, designers, and engineers from Diem.
What Makes Aptos Unique?
For a start, the Aptos team claims that its network can process over 150,000 tps. By comparison, Ethereum’s mainnet tps is around 12 to 15.
This high transaction throughput is possible through a parallel execution engine (Block-STM) — a byzantine fault-tolerant (BFT) PoS consensus mechanism. For context, most blockchains execute transactions sequentially, which means that a single failed transaction or high demand on the network could hold up the entire chain.
In the case of Aptos, all transactions are processed simultaneously and validated afterward. Failed transactions are either re-executed or aborted, thanks to the blockchain’s software transactional memory libraries, which spot and manage conflicts.
Aptos is built using Move, a new smart contract programming language that claims to offer advantages to Solidity, the EVM-based programming language. This includes blockchain commands that can be easily verified, modification of private key and modular design of Aptos.
New use cases can be realized through Aptos’ upgradeability and configurability, while horizontal throughput scalability — through the natively-implemented sharding feature — provides a better user experience.
How Much Aptos is in Circulation?
APT is the native currency of the Aptos blockchain. It has an initial total supply of 1 billion and at the time of writing, its circulating supply is 130 million APT.
The distribution is as follows: Community (51.02%); Core Contributors (19.00%); Foundation (16.50%); Investors (13.48%).
Under the Community allocation, around 80% are held by the Aptos Foundation and the remaining by Aptos Labs. This will be used to support community growth and Aptos Foundation initiatives, and the remainder will be unlocked monthly over the next ten years.
Investors and core contributors are subjected to a four-year vesting schedule from mainnet launch. The Aptos team announced a token airdrop of 20 million APT tokens to early testnet users on Oct. 19, 2022.
Aptos Mainnet Launch
As already mentioned, despite raising millions of dollars from investors, Aptos did not launch its mainnet until October 2022. Prior to the mainnet launch, its testnet campaign called “Aptos Incentivized Testnet (AIT)” was running since May.
The testnet was divided into four stages – AIT1, AIT2, AIT3, and AIT4. The aim of the campaign was to invite and incentivize developers, node operators, and auditors to launch applications and stress-test the network, ahead of the mainnet launch.
On September 9, 2022, the network completed its AIT3 campaign, paving a way for the final testnet. Through the series of testnets, Aptos onboarded over 100 projects, including Solrise Finance, PayMagic, Pontem Network, and MartianDAO.
On Oct. 18, 2022, Aptos went live with its mainnet launch, making it the first blockchain to debut on Move technology. At the time this content was published, the mainnet was using the latest version of AptosBFT (version 4), which leverages a Byzantine Fault Tolerance (BFT) consensus protocol. However, the company is already working on AptosBFT (version 5).
What Is Aptos Bridge?
On-chain user application protocol called LayerZero Labs launched the Aptos Bridge on October 19, 2022.
The blockchain bridge will allow users to transfer ETH, USDC, and USDT from Ethereum, BNB Chain, Polygon, Avalanche, and Optimism to Aptos.
How Is the Aptos Network Secured?
Aptos uses two consensus protocols – Proof-of-Stake and AptosBFT.
AptosBFT is quite similar to DiemBFT, originally developed for Diem. “BFT '' means ‘Byzantine Fault-Tolerant,’ and a network is said to be Byzantine fault-tolerant if it can continue to operate normally even if some of its members go offline or turn malicious.
AptosBFT is a custom-made consensus algorithm based on the HotStuff protocol. While there are a lot of background technicalities around how the protocol secures the network, the algorithm analyzes the on-chain state and automatically updates leader rotations to adjust for non-responsive validators without human intervention.
Source: coinmarketcap.com
This idea is not sponsored by Aptos or CoinMarketCap, I have no affiliation with either company.
APTUSDT ready for Bull Run Apt is currently testing a downward trendline. This is the umpteenth attempt to break this trendline, which began approximately 150 days ago.
In the previous post, I mentioned that this cryptocurrency has a good support level, and many traders were waiting to buy at this area.
As we can see, there was strong support from this level. However, the black line on the chart indicates the closing point of the previous monthly candle, which can act as both resistance and, if broken upwards, a strong support.
Considering that most leading cryptocurrencies pump one after another, it is not unlikely for this coin to break the monthly resistance and turn it into a good support level.
Overall, my prediction is that even in the short term, this could be a turning point for the market and transform into a bullish market.
Please only enter a position if the trend break is confirmed.
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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APT ANALYSIS (12H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the APT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
APTOS APT SHORT Can go to 4,70,and lower,if.... Alchemy Pay price prediction sentiment is bearish , with 1 technical analysis indicator signaling bullish signals, and 26 signaling bearish signals.
If you wanna trade my strategy then follow the trading rules:
Once you get short stay until the trend changes of I will publish the opposite signal.The aim of this strategy is only and only trend following and trend trading.Too many buy selling on lower tf will cause many losse. So avoid day trading and instead stay and trend with the trend.
According to current Aptos price prediction, the value of Aptos is predicted to drop by -7.50% and reach $ 6.69 by July 7, 2023. According to technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 63 (Greed). Aptos recorded 18/30 (60%) green days with 11.69% price volatility over the last 30 days. Based on our Aptos forecast, it's now a bad time to buy Aptos.
In the best case scenario, APT price prediction for year 2026 is $ 0.145448 if it follows Facebook growth. In case Aptos would follow Internet growth the prediction for 2026 would be $ 0.016685.
Based on data from July 02, 2023 at 18:06, the general Aptos price prediction sentiment is bearish , with 5 technical analysis indicators signaling bullish signals, and 18 signaling bearish signals.
Aptos has been trading for less than 200 days, which means that it’s currently not possible to calculate its 200-day simple moving average (SMA).
The price of Aptos is currently above the 50-day SMA and this indicator has been signaling BUY for the last 74 days, since Apr 19, 2023.
Based on our technical indicators, Aptos's 200-day SMA will rise in the next month and will hit $ 0.00 by Aug 01, 2023. Aptos's short-term 50-Day SMA is estimated to hit $ 6.34 by Aug 01, 2023.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 51.64, which indicates that the APT market is in a neutral position.
Daily Simple Moving Average (SMA)
Period Value Action
SMA 3 $ 7.25 SELL
SMA 5 $ 7.23 BUY
SMA 10 $ 7.33 SELL
SMA 21 $ 6.95 BUY
SMA 50 $ 7.72 SELL
SMA 100 $ 9.26 SELL
SMA 200 $ 9.84 SELL
Aptos Price Forecast For Tomorrow and Next Week Based on The Last 30 Days
Date Price Change
Jul 3, 2023 $ 7.27 0.57%
Jul 4, 2023 $ 7.33 1.40%
Jul 5, 2023 $ 7.20 -0.37%
Jul 6, 2023 $ 6.60 -8.71%
Jul 7, 2023 $ 6.69 -7.50%
Jul 8, 2023 $ 6.21 -14.08%
Jul 9, 2023 $ 6.25 -13.58%
Jul 10, 2023 $ 4.95 -31.55%
Jul 11, 2023 $ 4.85 -32.98%
Jul 12, 2023 $ 5.02 -30.54%
Jul 13, 2023 $ 5.15 -28.73%
Jul 14, 2023 $ 5.07 -29.84%
Jul 15, 2023 $ 4.92 -32.01%
Jul 16, 2023 $ 4.96 -31.44%
Jul 17, 2023 $ 5.23 -27.64%
Jul 18, 2023 $ 5.54 -23.35%
Jul 19, 2023 $ 5.35 -25.98%
Jul 20, 2023 $ 5.38 -25.57%
Jul 21, 2023 $ 5.71 -21.10%
Jul 22, 2023 $ 5.96 -17.52%
Jul 23, 2023 $ 5.82 -19.47%
Jul 24, 2023 $ 5.98 -17.31%
Jul 25, 2023 $ 6.02 -16.80%
Jul 26, 2023 $ 5.70 -21.21%
Jul 27, 2023 $ 5.71 -21.00%
Jul 28, 2023 $ 5.61 -22.46%
Jul 29, 2023 $ 5.45 -24.68%
Jul 30, 2023 $ 5.66 -21.71%
Jul 31, 2023 $ 5.55 -23.22%
Aug 1, 2023 $ 5.69 -21.35%
APT Aptos Bullish TrendlineAPT (Aptos) currently exhibits a bullish trend continuation pattern, suggesting a potential upward movement in the near term. The price action indicates that the stock has been experiencing consistent buying pressure, indicating positive market sentiment and potential for further price appreciation.
Considering the bullish trend continuation, it is reasonable to set a price target of $8.80 for APT. This target represents the projected upside that could be achieved if the bullish trend persists.
Looking forward to read your opinion about it!
APTOS. Has the APTUSDT price reached the bottom? When to buy?If we assume that the APTUSDT price has reached its bottom, falling to the first and only liquidity level from below - $5.50, we can experiment with wave analysis.
Most likely, the APT price movement is skillfully managed by trading bots. How else to explain the beautiful and rapid growth earlier, and the long and protracted correction, but exactly within the channel last few months?)
We have depicted the waves diagrammatically, because each wave needs to be recalculated as it grows.
However, if the bottom of the second wave has already been reached, then we can assume that the peak (3) of the wave may fall in the $60-80 price range.
Therefore, if you believe in the bright future of the Aptos project, or you are a medium and long-term investor in the cryptocurrency market, or even consider yourself to be in the first and second categories at the same time, then the $6-7 buying zone is for you)
Then wait a few months and fix x10 - easy money)
Of course, this is all theory; in practice, everyone makes trading decisions on their own and is personally responsible for their own deposit.
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APTUSDTAPT does not have a good situation and has even lost the downward trend channel. However, fortunately, it has been supported by the support line that many people were waiting for. But from here, we have to wait to see if this support can cause the price to rise again or if this support will also be lost.
The price of $5.50 can be a good point for buying, but I want to wait and see which direction the market will take.
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
APTUSDT - When to buy? (NEW)APTOS has been in a correction since the end of January 2023.
Buy zone: 9$ - 7,50$
9$ is a golden pocket (0.618 fib level)
mid-term target: 18,50$ - 20 $
long-term target: 50 $ and higher
If support fails, next buy levels to DCA in for a long run are 5,33$ and 4 $ .
Possible scenarios are shown on the chart.
Good luck!
APTUSDT at daily support, likely to head for weekly resistanceThe price has hit the daily support again and trading inside that support zone. This make a long trade favorable here. The short term target should be the daily resistance 1 zone sitting above and mid term target should be the weekly resistance 1 zone.
APT LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the APT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
APT APTUSDT Price Analysis (12h)Hello dear traders and investors! Here is our view on technical analysis of APTOS: Potential Buying Opportunity in Price Consolidation
After experiencing a significant upward movement followed by a prolonged five-month period of consolidation, the price of APTUSDT is currently exhibiting a clear zig-zag ABC pattern.
This pattern is still in development, and there is a possibility that the price may decline towards the price zone corresponding to the fourth wave or the 0.382 Fibonacci level.
Notably, this level coincides with the target derived from the triangular pattern formed during the A-B section.
The potential buy zone is identified as being between $ 7.1 and $ 6.6. This zone presents a prospective opportunity for buyers to initiate an uptrend reversal.
The key APTOS essentials:
Advanced Optimization: APTOS offers powerful tools to optimize crypto portfolios. Using AI algorithms, it helps users make smarter investment choices, potentially maximizing profits and reducing risks.
Effective Risk Management: APTOS focuses on managing risks. Users can set personalized risk levels and receive alerts in real-time. This feature helps protect investments and gives peace of mind.
Easy Portfolio Tracking: APTOS simplifies tracking crypto investments across multiple wallets and exchanges. It provides a clear view of portfolio performance, asset allocation, and historical trends, making decision-making easier.
Automation and Efficiency: APTOS automates portfolio management tasks using smart contracts. This reduces errors, improves efficiency, and saves time, allowing users to focus on other investment strategies.
Secure and Transparent: APTOS operates on a secure and transparent decentralized system using blockchain technology. This ensures data integrity, privacy, and a trustworthy environment for users' assets.
Native Token Benefits: APTOS has its own token (APTO) with added perks. Token holders can access premium features, participate in platform governance, and potentially earn rewards through staking or liquidity mining.
Growth Potential: APTOS plans to expand through partnerships and integrations with DeFi platforms. Investing in APTOS offers an opportunity to be part of an innovative project that could shape the future of decentralized finance.
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Aptos(APT) fall by Expanding Triangle Pattern👇Aptos was able to make an expanding triangle near the 🟢 support zone($ 10.44-$ 9.70) 🟢.
It seems that Aptos broke the support zone after verifying point E of expanding triangle.
I expect Aptos to fall to the 🟢 next support zone($ 7.57-$ 6.76) 🟢after breaking the lower line of expanding triangle.
💡If you want to know more about the Aptos project, I suggest you read the following post.👇
Aptos Analyze ( OKX:APTUSDT ), 2-hours time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
APTOS - TIME TO BUY MOREIn a previous trade idea linked below, we have identified a breakout of a downtrend structure followed by some upside movement but price didn"t continue to rise.
Now, APTUSDT is at a very strong support which may be the start of a leg up towards new highs if you hold for the long term.
✅TS ❕ APTUSD: reached the support area✅✅ Aptos has reached the support area.
The chart showed a momentary reaction to the price below the support.
The asset will reverse from the current level and resume growth. ✅
🚀 BUY scenario: long to 10.7765 🚀
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Remember, there is no place for luck in trading - only strategy!
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