The currency pair Aptos/Tether (APT/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 0.909 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.798 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Three Outside Up’ candlestick pattern is discovered. The candles form ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.949 |
| 2nd High | 0.93 |
| Next High | 0.909 |
| Current Price | 1.056000000 |
| Next Low | 0.798 |
| 2nd Low | |
| 3rd Low |
0.909 – 0.888 – 0.874 – 0.798 – 0.845 – 0.838 —
0.864000000 – 1.014000000 —
64.450192022676 – 86.560874211858 —
– —
0.909 – 1771664400
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Outside Up – – –