.
📊 Triple Bottom Pattern on the APT Chart:
🔵 The Three Bottoms:
Bottom 1: around Dec 2022
Bottom 2: around Oct 2023
Bottom 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 = $3.3
Target = $8.3 + $3.3 = ~$11.6
Longer-term potential: $20, as suggested by the arrow in the chart.
🔥 Supporting Bullish Signals:
Indicator Signal
RSI Forming higher lows
MACD Bullish crossover forming
Volume Increasing at the lows
Heikin Ashi First 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.
📊 Triple Bottom Pattern on the APT Chart:
🔵 The Three Bottoms:
Bottom 1: around Dec 2022
Bottom 2: around Oct 2023
Bottom 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 = $3.3
Target = $8.3 + $3.3 = ~$11.6
Longer-term potential: $20, as suggested by the arrow in the chart.
🔥 Supporting Bullish Signals:
Indicator Signal
RSI Forming higher lows
MACD Bullish crossover forming
Volume Increasing at the lows
Heikin Ashi First 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.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.