Sell APT/USDT – 1H – SELL

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.798 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.909 could occur.
Consider stop-loss settings accordingly.

In addition a ‘Three Outside Down’ candle chart pattern is found. The chart forms ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.949
2nd High 0.93
Next High 0.909
Current Price 0.823000000
Next Low 0.798
2nd Low
3rd Low

0.909 – 0.888 – 0.874 – 0.798 – 0.845 – 0.838 —
0.817000000 – 0.829000000 —
36.680996251532 – 50.796379444699 —
– —
0.909 – 1771664400

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