The combination Aptos/Tether (APT/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.845 is likely expected.
Caution: A possible change in the direction of resistance at 0.888 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.8655 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 0.888 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93 |
| 2nd High | 0.893 |
| Next High | 0.888 |
| Current Price | 0.876000000 |
| Next Low | 0.845 |
| 2nd Low | 0.838 |
| 3rd Low |
0.888 – 0.875 – 0.874 – 0.845 – 0.858 – 0.838 —
0.877000000 – 0.885000000 —
51.708653505624 – 57.916420305856 —
– —
0.888 – 1771603200