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Technical analysis by Bicoinmoney about Symbol APT: Buy recommendation (3/26/2025)

https://sahmeto.com/message/3376647
Bicoinmoney
Bicoinmoney
Rank: 4520
1.7

APT/USDT Triple Bottom

Buy
Price at Publish Time:
$5.98
Profit Target:
(+93.94%)$11.6
Stop Loss Price:
(-16.41%)$5
Buy،Technical،Bicoinmoney

.📊 Triple Bottom Pattern on the APT Chart:🔵 The Three Bottoms:Bottom 1: around Dec 2022Bottom 2: around Oct 2023Bottom 3: Mar 2025 (current low)→ All three formed within the major support zone around $4.8–$6.2.🟣 The Resistance (Neckline):The key resistance is around $8.0–$8.3 (also the Ichimoku cloud edge).If the price breaks above this level, it will confirm the Triple Bottom breakout.🎯 Target Price After Breakout:Height of pattern = $8.3 – $5.0 = $3.3Target = $8.3 + $3.3 = ~$11.6Longer-term potential: $20, as suggested by the arrow in the chart.🔥 Supporting Bullish Signals:IndicatorSignalRSIForming higher lowsMACDBullish crossover formingVolumeIncreasing at the lowsHeikin AshiFirst strong green candle after downtrend📌 Conclusion:The chart fits the criteria for a Triple Bottom pattern. If APT breaks above the $8.3 neckline, it could trigger a strong bullish move, with a first target around $11–12, and potentially $20 in the long run.

Source Message: TradingView
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