And also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The pair Aptos/Tether (APT/USDT) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 0.911 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.985 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.112 |
| 2nd High | 1.037 |
| Next High | 0.985 |
| Current Price | 0.912000000 |
| Next Low | 0.911 |
| 2nd Low | 0.865 |
| 3rd Low | 0.798 |
0.985 – 1.037 – 1.112 – 0.911 – 0.865 – 0.798 —
0.975000000 – 0.933000000 —
53.955272525882 – 40.123841161133 —
– —
0.985 – 1773072000
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –