APT/USDT Keep an eye on the support, If bounce APT will back UP!💎APT has recently shown significant market dynamics. Currently, APT is facing rejection after testing the Bearish OB zone and is now retesting the support area around 10.85 to generate new momentum for a breakout.
💎 If APT successfully breaks above the supply area, its probability could signal a continuation of the upward movement, potentially leading to reaching our target area.
💎 However, if APT fails to maintain the support area and breaks below it, the next critical level is the Bullish OB area. APT must bounce from this area, as failure to do so could result in losing the support trendline.
💎 If this occurs, APT may switch back to a downward trajectory, continuing further downward movement.
APTUSDT trade ideas
APT/USDT Perfect Bounce, Ready for continue Upward Move!💎 APT has been drawing significant attention in the market with its recent performance. It has recently made a noteworthy bounce from a demand zone, underscored by the closure of the daily candle with a robust green indicator.
💎 Should this bounce prove to be a reliable signal, APT might well be on its path to an upward trajectory, probability aiming for the targeted bearish OB area.
💎 However, if APT fails to maintain its upward momentum and revisits the demand area, it will be crucial for it to hold and rebound from this level.
💎 Failure to do so could indicate a break in the bullish trend. In such a scenario, there's a potential for APT to embark on a downward journey, moving towards the support area and possibly extending further to a lower, more robust support zone. The market's response in these key areas will be critical in determining APT's future direction.
APT/USDT Potential Uptick from Key Demand Zone? 🚀APT💎 Paradisers, gear up for a thrilling trade with #APTUSDT, now finding its footing at an essential demand zone, signaling a possible market move.
💎 Diving into #APTOS latest moves, it's apparent that it fell short of breaking past its previous high, stirring up bearish vibes. Yet, a bullish shift seems on the horizon from the demand level of $9.3298. With momentum on our side, we're eyeing a climb capable of surpassing the looming resistance.
💎 Should momentum for AMEX:APT begin to fade, a bullish revival from the solid support at $7.8646 is what we're looking out for. However, dipping below this critical level may indeed mark a transition towards a deeper bearish phase
APT/USDT: APT Trade EntryWe are considering a scenario of the beginning of APT purchases.
Since the beginning of the second half of October, the asset has been demonstrating an upward trend, starting from the price level of $4.7926 and reaching $11.0934. This growth amounted to over 130%.
At the moment, APT is undergoing a correction and is trading around the inclined resistance level. The POC volume level is also close to this resistance level.
We are entering a trade on APT with the expectation of growth to the price level of $11.0934, which is more than 16%. Upon reaching this price, we plan to partially close the position, leaving it open in case of buyer activity and positive market sentiment.
Then we will hold the position until the next target at the price level of $12.9259.
Such a Beautiful LONG trade setup on APTUSDTWHAT WE SAW EARLIER
1. The broken trend on 4h Price Chart
2. The Breakout on RSI (15)
WHAT WE WERE WAITING FOR
1. The ENTRY ZONE, which is 38% to 50% Fib level
WHAT WE ARE TARGETING
1. Target 1 is the previous TOP
2. Target 2 is the next 50% Fib level (what I am expecting from APTUSDT at the moment)
WHERE IS OUR STOP
1. Below the New Trend Line or below 78% Fib level,
2. we will keep moving our stop loss with the trend line
I am quite optimistic, HERE WE GO
✴️ Aptos Lower High Reinforces Bearish Potential (Mixed Chart) Aptos hit its highest level on the 4th of January 2024 since April 2023.
On the 15th of February 2024, an attempt to move up took place but resistance was just too strong, the session ended as a lower high.
➖ The lower high Feb. vs Jan. reinforces a bearish bias.
Not only the high but also the trading volume.
➖ Trading volume 4-Jan. was higher than 15-Feb.
Or, 15-Feb. produced lower volume than 4-Jan.
➖ Not only the volume but also the RSI.
The RSI was higher in January than what we see now in February.
As long as the previous high remains unchallenged as resistance, the bearish potential is valid.
If the 4-Jan. peak is taken out, the bearish potential is invalidated.
Notice that I call this "bearish potential".
Technically we are looking at a bullish chart setup based on the bullish trend.
When the uptrend stalls it opens the doors for "bearish potential" but it doesn't turn the technicals bearish. For example, the RSI is strong above 50 and we have higher lows for four months.
This is a mixed chart.
Namaste.