The currency pair Aptos/Tether (APT/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support at 0.961 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 1.021 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.
Next a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
Next a ‘Two Crows’ chart pattern is found. The chart shows ‘Two 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 likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.048 |
| 2nd High | 1.023 |
| Next High | 1.021 |
| Current Price | 0.974000000 |
| Next Low | 0.961 |
| 2nd Low | 0.947 |
| 3rd Low | 0.94 |
1.021 – 1.002 – 1.015 – 0.961 – 0.976 – 0.971 —
0.973000000 – 0.985000000 —
35.952967747334 – 46.789118806577 —
– —
1.021 – 1777867200
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Two Crows – – –