Market Overview: Aptos/Bitcoin (APTBTC) – 24-Hour Candlestick Summary

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• Price formed a bullish breakout pattern, testing key resistance and confirming momentum with higher highs.
• Volume spiked during late ET hours, confirming bullish price action with increasing notional turnover.
• RSI remains above 50, suggesting strong relative strength, while MACD shows positive divergence.
• Bollinger Bands widened, reflecting increased volatility, with price hovering near the upper band.
• Fibonacci levels at 61.8% support appear key for near-term directional bias.

Aptos/Bitcoin (APTBTC) opened at 3.79e-05 at 12:00 ET − 1 and closed at 3.941e-05 by 12:00 ET the same day, reaching a high of 3.974e-05 and a low of 3.772e-05. The 24-hour volume totaled 13,974.54, with a notional turnover of approximately $5.50 (assuming $BTC price of $60,000).

Structure & Formations

APTBTC displayed a strong bullish bias throughout the 24-hour period, with price forming an ascending channel and key support at 3.902e-05. A notable bullish engulfing pattern emerged during the 09:30–09:45 ET window, confirming a breakout from a consolidation zone. A doji appeared around 20:00 ET, indicating indecision but ultimately resolved with a higher close. Resistance levels at 3.935e-05 and 3.96e-05 were tested multiple times, with 3.935e-05 acting as a key pivot.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are closely aligned, both sloping upward and confirming short-term bullish momentum. On the daily chart, price remains above the 50-period and 200-period moving averages, suggesting a medium-term bullish trend with strong directional bias.

MACD & RSI

MACD showed a positive divergence with price, forming higher highs despite relatively compressed RSI levels. RSI peaked at 65–70 for much of the session, signaling strong relative strength and ruling out overbought conditions. A moderate pullback in RSI below 60 during the early morning ET suggests possible consolidation before the next move.

Bollinger Bands

Volatility increased significantly during the late ET hours, with Bollinger Bands widening to capture the bullish breakout. Price traded near the upper band during the 09:00–10:00 ET window, indicating strong upside momentum. A contraction occurred during midday, suggesting a short-lived consolidation phase.

Volume & Turnover

Volume spiked during the 15:30–16:00 ET and 09:30–10:00 ET periods, coinciding with key price breaks above 3.935e-05 and 3.96e-05. Notional turnover followed closely, confirming the strength of the bullish move. A divergence emerged briefly during the 05:30–06:00 ET period, when volume fell while price continued higher, suggesting possible exhaustion.

Fibonacci Retracements

Fibonacci levels on the 15-minute chart highlighted 38.2% at 3.921e-05 and 61.8% at 3.946e-05 as critical levels. Price held above 61.8% for much of the session, suggesting that the bullish trend is intact. On the daily chart, a key 61.8% retracement at 3.902e-05 provided strong support, validating its role as a psychological floor.

Backtest Hypothesis

A possible backtesting strategy could involve entering long positions when price breaks above a dynamic Fibonacci 61.8% level with confirmation by a bullish candlestick and increasing volume. Stops could be placed just below the nearest support (3.902e-05), while targets might align with the next Fibonacci extension or upper Bollinger Band. This approach leverages both price action and volume confirmation, aligning with the observed behavior in the recent APTBTC/BTC chart.