The combination Aptos/Tether (APT/USDT) moves from the ascending trendline down.
A descent down to the next support line at 0.911 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.985 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.911 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support line at 0.985 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. 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 | 1.03 |
| 2nd High | 1.025 |
| Next High | 0.985 |
| Current Price | 0.929000000 |
| Next Low | 0.911 |
| 2nd Low | 0.905 |
| 3rd Low | 0.865 |
0.985 – 0.962 – 1.025 – 0.932 – 0.911 – 0.921 —
0.946000000 – 0.946000000 —
46.077169402285 – 43.630099508442 —
– —
0.985 – 1773082800
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Black Crows – – –