Aptos Has the Potential to Double

Some time ago, we informed our readers and clients that despite Bitcoin falling in price, there was no need to panic. We provided an objective criterion for maintaining buying positions, and Bitcoin did not breach this level.

Since our initial recommendation, the price has risen by nearly 25%.

Alongside Bitcoin, the broader crypto sector is also seeing growth, and Aptos is emerging as a potential candidate for inclusion in investment and trading portfolios.

Daily time frame analysis

APTOUSD - 1 Day Time Frame

A key technical parameter for the current buy position is the bullish market structure, which was formed during a strong price momentum. This adds to the appeal, as such impulsive movements indicate market strength. In contrast, corrective movements often create a so-called Balanced Price Range, representing consolidation.

Another bullish indicator is the presence of an Order Block, which we’ve discussed in previous analyses as a signal of a shift in price delivery. In this case, the market has shifted from bearish to bullish, further reinforcing the potential for upward movement.

When to buy Aptos?

Entering a position at the current valuation is possible, accompanied by a Stop Loss order placed below an external higher low. It is also important for traders to monitor the support zone formed during the strong price momentum.

If the price closes below this support zone on the daily timeframe (represented by the lower blue zone on the chart), it may be prudent to sell part of the position before hitting the final Stop Loss.

Aptos price target

This trade has several profit targets, but they all align with key Buy-Side Liquidity zones. As the price reaches these levels, it will be possible to take partial profits, ensuring effective trade management and optimizing returns.