đ $APT is showing a potential technical setup!
The chart shows a strong weekly reversal pattern with clear accumulation at the range lows followed by a breakout attempt above local resistance.
đ The Technical Setup:
âą The Pattern: Double Bottom Accumulation & Fib Extension
âą Short-term Target: $1.0538
âą Macro Objective: $1.7000
âą Market Structure: Bullish reversal / breakout continuation
đŻ Key Levels to Watch:
âą Support / Accumulation Zone: $0.6350 - $0.7150
âą Resistance: $0.8448
âą Breakout Level: $0.8448
âą Stop Loss / Invalidation: $0.6358
đ Confirmation:
âą Volume: Standard volume
âą Momentum: Strong weekly bullish candle momentum
âą Trend: Weekly trend shift from bearish consolidation to bullish reversal
â ïž Invalidation:
A weekly close below $0.6358 would invalidate this bullish continuation setup.
Price action is currently testing a key Fibonacci level; a successful breakout could open the doors for higher targets.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#APT #crypto #BinanceSquare #tradingview #TechnicalAnalysis
The chart shows a strong weekly reversal pattern with clear accumulation at the range lows followed by a breakout attempt above local resistance.
đ The Technical Setup:
âą The Pattern: Double Bottom Accumulation & Fib Extension
âą Short-term Target: $1.0538
âą Macro Objective: $1.7000
âą Market Structure: Bullish reversal / breakout continuation
đŻ Key Levels to Watch:
âą Support / Accumulation Zone: $0.6350 - $0.7150
âą Resistance: $0.8448
âą Breakout Level: $0.8448
âą Stop Loss / Invalidation: $0.6358
đ Confirmation:
âą Volume: Standard volume
âą Momentum: Strong weekly bullish candle momentum
âą Trend: Weekly trend shift from bearish consolidation to bullish reversal
â ïž Invalidation:
A weekly close below $0.6358 would invalidate this bullish continuation setup.
Price action is currently testing a key Fibonacci level; a successful breakout could open the doors for higher targets.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#APT #crypto #BinanceSquare #tradingview #TechnicalAnalysis
