What is Aptos (APT)âïžâ
Aptos is the technological successor to Metaâs (formerly Facebook) Diem blockchain (formerly known as Libra). Aptos is a Byzantine Fault Tolerant (BFT) Proof of Stake (PoS) blockchain designed for security, scalability, and upgradeability. Aptos utilizes the Move smart contract language, which was created with an emphasis on safety and flexibility.
Aptos has been designed for high throughput and scalability and harnesses parallel transaction processing, sharding for horizontal throughput scalability, advanced state synchronization, and modular design. Aptos has been designed to replicate the cloud infrastructure powering Web2 in a decentralized way, using blockchain technology to pave the way for Web3 and Decentralised Applications (DApps).
It seems that Aptos is currently in correction waves after the significant price growth of Aptos after being listed in cryptocurrency exchanges.
Aptos was able to break the support zones with long high-volume candles.
Aptos seems to be able to grow once again after the correction on the Fibonacci levels to complete the microwave 4.
âïžNoteâïž: Due to the Sharpie movement of microwave 3, it is possible that wave 5 is a truncation and does not touch the ceiling of microwave 3(The deeper the microwave 4 has a retrace, the more likely it is that wave 5 is a truncation).
I showed you đŻtargetsđŻ for the end of microwave 5 in my chart.
đ„In addition, I must say that the correlation between Aptos and Bitcoin is very low these days, and this can add to the attractiveness of this new currency.đ„
Aptos Analyze ( APTUSDT ), Timeframe 30minâ°.
Do not forget to put Stop loss for your positions (For every position that 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 â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
Aptos is the technological successor to Metaâs (formerly Facebook) Diem blockchain (formerly known as Libra). Aptos is a Byzantine Fault Tolerant (BFT) Proof of Stake (PoS) blockchain designed for security, scalability, and upgradeability. Aptos utilizes the Move smart contract language, which was created with an emphasis on safety and flexibility.
Aptos has been designed for high throughput and scalability and harnesses parallel transaction processing, sharding for horizontal throughput scalability, advanced state synchronization, and modular design. Aptos has been designed to replicate the cloud infrastructure powering Web2 in a decentralized way, using blockchain technology to pave the way for Web3 and Decentralised Applications (DApps).
It seems that Aptos is currently in correction waves after the significant price growth of Aptos after being listed in cryptocurrency exchanges.
Aptos was able to break the support zones with long high-volume candles.
Aptos seems to be able to grow once again after the correction on the Fibonacci levels to complete the microwave 4.
âïžNoteâïž: Due to the Sharpie movement of microwave 3, it is possible that wave 5 is a truncation and does not touch the ceiling of microwave 3(The deeper the microwave 4 has a retrace, the more likely it is that wave 5 is a truncation).
I showed you đŻtargetsđŻ for the end of microwave 5 in my chart.
đ„In addition, I must say that the correlation between Aptos and Bitcoin is very low these days, and this can add to the attractiveness of this new currency.đ„
Aptos Analyze ( APTUSDT ), Timeframe 30minâ°.
Do not forget to put Stop loss for your positions (For every position that 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 â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
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