🔥APTOS and AXIE: similar continuation patterns! Is $14🚀 SOON?🔥 Hi friends! I find the similar pattern and want to share it with you. It can help you to predictthe possible APTOS movements in the next 1-2 month. In the language of traders: to understand in which direction open a trade.
📊 The pattern include 4 stage+1 hidden tip:
1. Triangle on the chart. You can see this pattern on the APTOS and AXIE charts. They forms after the listing when the price of altcoin don't have obvious key levels or value areas.
2. PUMP to the new highs and pullback. A lot of retail traders start to buy some assets when it starts to grow. Of course, the whales see it and try to shake out the newbies. The price start to fall and some of the "investor" already lose -30-35%.
WHEN you become the pro trader, you will understand that it's just a trap for the retail traders.
3. Pullback and test the key level as support.
The key level for Axie was $0.48-0.5. This is velue area and the place from where the pump begins.
Aptos have the key level and value area around $7.35-7.5. It's a key proce point which the bulls have to hold.
4. PUMP to the new ATH after the trap.
In this case the whales have enough liquidity to push the price higher and sell all their APT to the newbies, how it was with AXS in 2021.
✅ BUT a lot of you can miss the MAIN DETAIL in this pattern. The MAIN DETAIL is the bullish BTC that make the retailers to be greede and buy the altcoin even by 100-200% higher than it was just 2-3 weeks before.
🚩 So if you understand that BTC will grow for the next few weeks and the test of the $7.37 key level will be succesfull (the price should close above the level and don't return below) you have beutifull possibility to open 1:30-50RR trade!
📊 As you all know, AXS is the one of the most profitable altcoins in 2021. It make 1960x, so if you buy it for $10, you could get $19600.
📊 My targets for APTOS:
🔥$10 - the previous high, even number and the key level. Really strong resistance
🔥$14-15 - the mid-term target
Traders, what do you think about next APT movements? Will BTC help altcoins to reach their targets or fall to 16k? Write in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
