The pair Aptos/Tether (APT/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 0.986000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 1.028 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.978 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 1.028 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.112 |
| 2nd High | 1.037 |
| Next High | 1.028 |
| Current Price | 1.000000000 |
| Next Low | 0.986000000 |
| 2nd Low | 0.948 |
| 3rd Low | 0.919 |
1.028 – 1.037 – 1.006 – 0.986000000 – 0.948 – 0.953 —
1.001000000 – 1.030000000 —
45.858932969855 – 59.289318925417 —
0.986000000 – 1772604000 —
1.028 – 1772582400
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Black Crows – – –