APT Short EntryHello traders Aptos has pumped excessively and is due for a correction. It is also showing signs of divergence, making this a potential short entry opportunity.
APTUSDT.PS trade ideas
EXPECT DECENT DROP IN PRICE WITH APTOS!BINANCE:APTUSDT (Aptos) has been amongst the top gainers in the last 24 hours according to data on CoinMarketCap.
Volume gained by 20.74% to $214,137,932.
Market Cap gained by 7.60% to $3,647,320,373.
But by looking at the technicals APTOS looks way overbought, hence I am anticipating
a solid drop in price.
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 $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 $200 million in a Series A round with participation from Dragonfly, Apollo Global, Franklin Templeton, Animoca, Jump Crypto and others.
Two months later, Binance Labs made a strategic investment of an undisclosed amount in Aptos.
On Oct. 18, 2022, Aptos announced the mainnet launch, while the Aptos genesis occurred on Oct. 12, 2022.
My price point for APTOS is at 5.71$.
Stoploss at 7.61$ which gives us a 4 to 1 risk/reward ratio.
Please refer to the chart for more data.
Aptos Short #AptI'm planning a risky trade on Aptos with an entry on a lower time frame. My stop loss might get violated, but the risk-reward ratio is favorable. I'll take profit at the first annotated take profit zone.
#APT/USDT#APT
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area at the lower line of the channel at 5.60
We have a downtrend on the RSI indicator which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 5.60
First target 6.09
Second target 6.65
Third target 7.15
APTOS Bullish ChancePassing $7.6 is bullish confirmation.
Breaking $3 is an idea invalidation.
If a strong bounce happens from the green demand zone, the target should be a new all time high.
#APTOS
$APT (#Aptos)🔻 Trend Break Point: A trend reversal may occur if the price holds above $7.49.
🔻 Downside Risk: Failed to break the downtrend on the first attempt. Possible reaccumulation near the wick at $4.3 - $5.3. Below $3, there’s a freefall scenario.
🔻 Decision Zone: First targets for a bounce are $10 - $12.5.
🔻 Fundamentals: Positive sentiment around the ecosystem, with a chance of a second #AirdropGiveaway. Keep an eye on token unlocks.
🟢 Green zone = buying opportunities. 🔴 Red zone = selling or profit-taking zones. Stay tuned for price action and setups in these areas.
Apt short I am shorting Aptcoin because I believe it needs correction. I plan to take profits at nearby levels and am not aiming for a large reward.
APTOS Sell Position / Setup SettingBINANCE:APTUSDT
COINBASE:APTUSD
Hello Traders
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
On the chart
🔴SL:
On the chart
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
Ascending Triangle in APTUSDT.PThe graph is run trend by Ascending triangle pattern. It should be open short position. RSI and graph are the same trend. It is not necessary to complex analysis for this position because clearly from trend.
Aptos (APT): Good Chance To Fall!Aptos is looking good to fall where price has re-tested that major resistance zone and now where it broke the EMAs.
While the price is still securing the current zone, as soon as it is secured, we see a good chance of downward movement to happen from here!
Swallow Team
APTOS Aptos is forming a bullish divergence, which suggests a favorable opportunity for me to go long.
AptApt is forming higher highs on a lower time frame, which suggests a favorable opportunity to go long.
APTUSDT - Swing Short IdeaPrice made false breakout of previous weekly high (orange line) and break the 4H structure (white line), so I would expect to see price distribute lower, potentially to previous week low (orange line).
Entry on 1H TF, risk not more than 1% on any trade.
APTUSDT.PAPTUSDT.P is in ranging phase.
If it breaks the rectangular pattern downward then it will go to bearish trend.
Bearish divergence also shown in RSI.
We wait and watch for the breakout of reversal pattern.
Long Position on APTUSDT 1H / (Volume Projection)BINANCE:APTUSDT
COINBASE:APTUSD
Mid-risk status: 5x-8x Leverage
Low-risk status: 3x-4x Leverage
👾The setup is active but expect the uncertain phase as well.
⚡️TP:
5.96
6.05
6.15
6.25
6.32
6.45
6.52
6.60(In Optimistic Scenario)
➡️SL:
5.6
🧐The Alternate scenario:
🔴If the price stabilizes below the trigger zone, the setup will be cancelled.
#APT/USDT#APT
The price is moving within a descending channel pattern on the 4-hour frame and is expected to break upwards after it has adhered to it to a large extent
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 4.86
We have a trend to stabilize above the moving average 100 which supports the rise
Entry price 4.80
First target 5.68
Second target 6.28
Third target 7.10
Aptos Short #sellAptcoin reject from bearish broker block so that is my entry to go short & if the price comes and takes out the highe my idea to go short is invalidate
5.72 strong support line for APT (Aptos)APT holding 5.72 is likely. 5.72 is now a strong support line.
BINANCE:APTUSDT
Apt scalpingIt's showing strength in lower time frame and I am targeting the high of the day as a take profit
APTUSDT.PAPTUSDT.P is in bearish trend.
Potentially printing LH and LL.
No sign of reversal.
Sellers are strongly active.
We wait and watch for the breakout of last LL.
