The pair Aptos/Tether (APT/USDT) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 0.966 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.014 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. 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 expected. Current target is 0.9965 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 1.014 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.026 |
| 2nd High | 1.021 |
| Next High | 1.014 |
| Current Price | 1.008000000 |
| Next Low | 0.966 |
| 2nd Low | 0.948 |
| 3rd Low | 0.919 |
1.014 – 1.021 – 1.026 – 0.966 – 0.989 – 0.995 —
1.008000000 – 1.024000000 —
53.607801191109 – 57.836492392545 —
– —
1.014 – 1772760600
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Black Crows – – –