The pair Aptos/Tether (APT/USDT) moves from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.966 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 1.014 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
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 counter-trend in the direction of the support level at 1.014 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going 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 – – –