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APTUSDT.PS trade ideas

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." Don't forget to like and comment
Long
by Madoir
🔥 APTOS Triangle Break Out After MONTHS Of SellingAPT has been selling off for the majority of 2023 and lost nearly 75% of its value in the process. However, the fear based sell-off of early June has exhausted the bears and given opportunity to the bulls to step in. With BTC making new yearly highs it's a matter of time before APT will break the bearish spiral and move up again. Wait for daily candle to close above the top resistance to confirm the break out. Target around the 2023 highs, stop just below 8$.
Long
by FieryTrading
7
Aptos bullish no signs of stopping? 👀 🚀APT Today Analysis💎APT is on the brink of a breakout from the descending channel, with a noticeable 'V' pattern forming within the channel. A successful breakout could trigger a significant bullish surge. 💎Another crucial factor is that APT is trading in a high-demand area, which could amplify the bullish momentum. 💎The volume is also demonstrating notable upward spikes, which is an important factor that cannot be overlooked. 💎There's an area of invalidation where if the price loses its bullish momentum and breaks down from this area, it could lead to a bearish move. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon
Aptos APTUSDT Price Analysis (12h)Hello dear trading community! Our previous analysis predicted a drop to the 0.382 Fibonacci retracement zone, which was achieved at approximately $6.30. Now, Aptos has rebounded from this target and is showing signs of a potential Elliott wave formation and opening up new possibilities for the cryptocurrency. Currently, Aptos is approaching the resistance level of a downtrend channel, indicating the potential formation of an Elliott wave pattern. This could mark the completion of Elliott wave (1) within a new cycle for Aptos. Elliott wave theory suggests that after a completed impulse wave (1), a corrective wave (2) is likely to occur with estimated support level zone near $6.50. Based on our analysis, we anticipate that Aptos will make a rebound near the resistance level to complete the corrective wave (2). This would align with the principles of Elliott wave theory, where wave (2) typically retraces a portion of the gains made in wave (1). Once the corrective wave (2) is complete, Aptos is poised to resume its uptrend with targets above $10.00! As always, it is important to closely monitor the price action and validate our analysis with further developments in the market.
by Vestinda
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!
Long
by TopgOptions
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. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
26