APT/USDT – 30M – SELL

The combination Aptos/Tether (APT/USDT) moves from the descending trendline down.

A continuation of the downward movement downwards to the next support level at 0.936 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.957 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Bearish Engulfing’ candle pattern is existing. The chart shows ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

0.957 – 0.958 – 0.928 – 0.936 – 0.897 – 0.893 —
0.955000000 – 0.952000000 —
65.285079185107 – 55.819373722001 —
– —
0.957 – 1771029000

Trading Signals: CRYPTO – APT – APT/USDT – USDT – Bearish Engulfing – – –