$APT/USDT 1D (#Bybit) Symmetrical triangle breakdown and retestAptos got rejected on 50MA resistance and seems likely to continue with the retracement down towards 150MA support.
⚡️⚡️ #APT/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.4X)
Amount: 5.0%
Current Price:
11.6280
Entry Targets:
1) 11.8450
Take-Profit Targets:
1) 8.9145
Stop Targets:
1) 13.8050
Published By: @Zblaba
$APT #APTUSDT #Aptos #L1 #PoS #Web3 #DApp
Risk/Reward= 1:1.5
Expected Profit= +59.4%
Possible Loss= -39.7%
aptoslabs.com
APT
SUI SUIUSDT Price analysis (1h)Hello dear TradingView community!
While the article was being written, the price of SUI experienced a breakout from the 1.14 level on the 1-hour timeframe , indicating a potential upward movement. This breakout suggests that SUI may continue to rise to higher levels. However, it is important to exercise caution and consider other technical indicators.
The MACD (Moving Average Convergence Divergence) indicator suggests a continuation of the upward move, supporting the potential for further price appreciation. On the other hand, the RSI (Relative Strength Index) is showing an overbought condition, which could signal a potential reversal in price.
Considering these indicators, it is crucial to closely monitor the market and observe whether there is strong demand to support SUI's price at these levels for the long term. Traders and investors should keep a watchful eye on any signs of a price reversal or a potential correction.
Remember that technical indicators provide insights, but they are not foolproof. It is recommended to conduct thorough analysis, consider multiple indicators, and evaluate market conditions before making any investment decisions.
The SUI project has emerged as a highly promising project.
Strong Financial Backing:
SUI benefits from substantial financial backing, which indicates confidence in its potential for success. Ample funding allows for the development and deployment of a robust decentralized finance (DeFi) ecosystem, setting the stage for future moves.
Innovative MOVE -Based Ecosystem:
Following the success of APT, SUI is the second hyped MOVE-based ecosystem that promises to create a thriving environment for users and developers. The MOVE protocol's centered around derivatives and price volatility.
Expanding DeFi Ecosystem and Use Cases:
With an extensive ecosystem consisting of 230 projects and 47 DeFi protocols in the pipeline, SUI demonstrates a vibrant and diverse range of applications. This breadth of development attracts users and increases the demand for SUI tokens, contributing to long-term growth potential.
Competitive Advantage over Rivals:
When compared to its closest competitor APT, SUI exhibits an advantage in terms of ecosystem vibrancy. With a higher number of DeFi protocols and a focus on building a thriving ecosystem, SUI shows potential for adoption.
Solid Fundamentals and Market Position:
SUI's strong fundamentals, including a low initial supply and involvement of market makers, contribute to a controlled token emission process. This controlled emission prevents significant price dilution and fosters price appreciation over time. Additionally, strategic partnerships, exchange listings, and community engagement enhance SUI's market position and success potential.
Investors seeking short-term opportunities in the cryptocurrency market should consider the potential of the SUI project. Its well-funded development, innovative MOVE-based ecosystem, and expanding DeFi ecosystem present promising prospects for sustainable growth.
However, it is crucial for investors to conduct thorough due diligence, understand associated risks, and make decisions based on their own risk tolerance.
Please let us know your feedback and thoughts in the comments section below. We value your input and would appreciate hearing your perspective on the potential of the SUI project as an investment opportunity. Feel free to share your insights, questions, or any additional information that could contribute to the discussion. We look forward to engaging with you!
🔥 Aptos APT Low Risk High Reward Reversal: Parallel ChannelAPT has been in a steady decline since late January. It was to be expected that APT needed time to cool off after a 6x in a very short time.
In my view, APT is more likely to have bottomed than ever before since the 20 dollar top in January.
- APT has hit oversold on the daily RSI. This is classically a time where bears take long-term profits and bulls make long-term entries, leading to bullish pressure.
- The bottom support has held. The bottom support line is a direct copy of the top resistance, making this pattern a parallel channel.
I'm not anticipating a move back towards the top resistance, but this this definitely a great area to start a bounce. Targets in blue.
🔥APTOS READY TO PUMP AFTER 3 MONTHS RANGE: BULLISH SCENARIO🔥Hi, friends! Aptos is in 90 days consolidation now. It's borring for retail traders and investors who bought this coin above $ 12-13. I think that whales accumulate enough altcoins that they sold at $ 18-20.
📊 TRADING PLAN FOR APT:
1. trap the long traders through growth to value area $ 12.1-13.7 and fall below local low to collect their sl
2. volume growth at the bottom
3. bullish BTC
🚩 If BTC will start to grow, our 3 targets will be reached very fast.
✅ THE MAIN TARGETS FOR APT:
🔥$ 12.3-13.7 - the value area
🔥$ 16.8 - the key level
🔥$ 20.4 - the key level
💻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.
APTUSDT SCALP/SHORT TERMShort term i will wait apt to break diagonal trendline and to break 8.77$ level once that happen it can go easy to 10.8$.
Also there is chance to make another leg down something around 7.61$
Thats my view on the short term.
This is my own analysis nor financial advise or anything like that just Dyor before make any action or your own trade.
With Respect your Rhino.
APT SWING-MID TERM ANALYSISI'm personaly deep ball into apt. That doesn't mean that's good decision. Till apt don't break above 10.8$ level it can heading down and more down.
So there is always few kind of traders. Traders which trade with confirmation in that case i will buy apt only once it break 10.8$ level and hold above that level atleast 2-3 candlesticks on 4h timeframe. DCA or Knife catcher in that case i will start buying apt from 8$ to 7$ and hold it till or 24-26$.
Apt for now is holding good between 8.3-7.4$ and should get bounce every day. First and main resistance is 10.8$ once we break that level we can consider there is very big chance for reversal trend. Break above 16.4$ would be confirmation for that apt is going to new high which would be atleast 24-26$.
Thats my personal view and DYOR before make any action about your own trade.
With respect your Rhino.
APT higher high soon ?Hello Traders,
APT was running on a critical support level which is 9.7$
Now it looks like it`s forming a double bottom pattern.
So I am waiting to see APT back at 18$ soon, even higher is possible but lets take it step by step
You can enter now, SL 1D under 9.7
If the key support 9.7 is broken, next tartget would be around 5$ (just in case)
PLEASE NOTE THAT I AM A SPOT TRADER NOT FUTURES. *****
Hope you have a nice day.
Follow for more and check other alts ideas
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 Cryptocurrency SHORT Opportunity | 40% Downside Potential The APTOS Cryptocurrency or APT coin looks ready for a huge fall.
The coin is currently trading below the support level of 9.42-9.77. But to execute the short, we need to first wait for Daily Candle close below.
It is always better to wait for the candle close, as sometimes the price reverses and creates a wick.
Also, observe how price was making lower highs into the support which signifies sellers are getting strong and buyers are weak. The price action forms a DESCENDING TRIANGLE which is a bearish pattern if breaks down.
PLAN TO EXECUTE THE SHORT SETUP
-Wait for the daily candle ( 6/5/2023) to close below the support area.
- Once the candle closes below support, enter into short position with half the risk per trade you usually take. Support if you take 5% risk per trade, then take 2.5% in this entry
- Enter another half on retest of support as new resistance. You may place a short order in advance or wait for the price to come there and give another short signal ( depends on you trading strategy)
Stop Loss- Above 10.15
Targets:-
1. 7.6
2. 5.6
THIS IS A SWING TRADE
Keep trailing your stop loss
Let me know in the comments section if you want me to analyse any other cryptocurrency.
WARNING:-
ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE TAKING ANY TRADE.
5 Altcoins Analysis in 1 Video 📹 OKXIDEASDear TradingView community and fellow traders,
I am Richard, also known as theSignalyst and here is my fourth OKX contest submission => OKXIDEAS
Today I will be going over 5 Altcoins Analysis => OKB, ARB, OP, APT, and NEAR.
Let me know which altcoins would you like me to cover next.
Hope you find this video useful. It's important to always adhere to your trading plan, including entry points, risk management strategies, and trade management techniques.
All Strategies Are Good; If Managed Properly!
~Richard
Disclaimer: The information provided is for educational and informational purposes only and should not be considered as financial advice. It is important to do your own research and make informed decisions before entering any trades. Past performance is not indicative of future results. Always be aware of the potential for losses, and never risk more than you can afford to lose.
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.
🔥 APTOS Preparing For Further Drop: Ideal Bounce Area LocatedAPT has been in a steady decline since late January. With BTC taking a more bearish stance, it's to be expected that APT will also drop further.
Long-term, I'm still bullish on APT. However, there's little technical reason to buy now.
I'll start to be interested again once APT reaches the bottom support of the channel. Note that the bottom diagonal line is a direct copy of the top line, which makes it a perfect parallel channel.
APT/USDT Technical Analysis: Is the Bearish Trend Here to Stay?APT/USDT Technical Analysis: Is the Bearish Trend Here to Stay?
$APT/USDT is currently trading at $11.40 and the technical analysis suggests that there could be a potential bounce in the short term. However, the overall trend remains bearish and there is a possibility of a breakdown below the HKEX:11 support level. In this article, we will take a closer look at the $APT/USDT chart and provide some key takeaways for investors.
Key Takeaways:
$APT/USDT is currently trading at $11.40
The chart suggests a potential bounce in the short term, with a possible test of HKEX:13 resistance level.
However, the overall trend remains bearish, with a possible 50% down move if there is a breakdown below the HKEX:11 support level.
There are two potential support levels to watch out for at $7.55 and $5.20.
The resistance level at $13.30 should be closely monitored as a break above this level could invalidate the bearish scenario.
Technical Analysis:
The $APT/USDT chart suggests that there could be a potential bounce in the short term, with the possibility of a test of the HKEX:13 resistance level. However, the overall trend remains bearish, with a possible breakdown below the HKEX:11 support level. If this happens, there could be a 50% down move from the breakdown level.
Investors should also keep a close eye on the potential support levels at $7.55 and $5.20. These levels could offer buying opportunities for investors who are looking to enter the market. However, if the trend reverses and breaks above the $13.30 resistance level, the bearish scenario would be invalidated.
Conclusion:
In conclusion, the $APT/USDT technical analysis suggests that the bearish trend could continue in the short term. Investors should closely monitor the HKEX:11 support level and the $13.30 resistance level for potential buying and selling opportunities. As always, it is important to conduct your own research and seek professional advice before making any investment decisions.
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APT IS 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