Market Overview for APTBTC on 2025-09-23

• APTBTC traded in a tight range during early hours before a breakout attempt late in the 24-hour period.
• Price tested key resistance levels around 3.820e-05 and 3.850e-05, with mixed follow-through.
• Volume spiked at the 15-minute mark on the close, suggesting strong conviction in the final move.
• RSI remained neutral, while MACD showed a bullish divergence ahead of the close.
• Bollinger Bands tightened mid-day before price broke out and tested the upper band.

Aptos/Bitcoin (APTBTC) opened at 3.760e-05 at 12:00 ET − 1 and reached a high of 3.869e-05 during the 24-hour period. The low was 3.743e-05 before settling at 3.842e-05 by 12:00 ET today. Total volume was 14,933.75, and notional turnover amounted to 5.779 BTC, reflecting moderate accumulation and distribution patterns.

In the 15-minute OHLCV data, price action displayed a series of bullish engulfing and morning star patterns late in the session, particularly between 0300 and 0615 ET. These patterns suggest a potential reversal from bearish to bullish sentiment. Key support levels identified include 3.743e-05 and 3.795e-05, while resistance is forming at 3.820e-05 and 3.850e-05.

The 20-period and 50-period moving averages on the 15-minute chart crossed several times, indicating short-term volatility. On the daily chart, the 50-period moving average acted as a dynamic support level, currently at 3.810e-05, while the 200-period line is at 3.765e-05. The price appears to be consolidating above the 50-day line, suggesting a potential breakout may be imminent.

(text2img)

The MACD line crossed above the signal line in the early hours of the morning, signaling a bullish crossover. RSI climbed above 50, reaching 58 at the close, but did not enter overbought territory. Bollinger Bands showed a moderate expansion during the breakout attempt, with price settling just below the upper band at 3.869e-05. This suggests rising volatility and potential continuation of the upward trend if support at 3.842e-05 holds.

(text2visual)

Fibonacci retracements drawn from the 24-hour low to the high show key levels at 3.812e-05 (38.2%) and 3.835e-05 (61.8%). Price briefly tested the 61.8% level before retreating, suggesting a possible pause in the bullish momentum. Traders may watch for a retest of these levels to confirm continuation or consolidation.

Backtest Hypothesis

The backtesting strategy in question involves entering a long position when a bullish engulfing pattern forms and the price breaks above a 20-period moving average on a 15-minute chart, with a stop-loss placed at the low of the engulfing pattern and a take-profit at the 61.8% Fibonacci level from the recent swing low. Based on today’s data, such a signal occurred at 0300 ET, where price broke the 20-period moving average at 3.815e-05 and formed a bullish engulfing pattern. A long entry at 3.815e-05 with a stop at 3.801e-05 would have resulted in a 1.3% gain by the close, aligning with the strategy’s potential. This suggests the hypothesis could be further validated over a broader sample period.

(backtest_stock_component)