The pair Aptos/Tether (APT/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 1.021 will persist.
Caution: A possible change in the direction of support at 0.96 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Shooting Star’ chart pattern is detected. The chart shows ‘Shooting Star’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.048 |
| 2nd High | 1.023 |
| Next High | 1.021 |
| Current Price | 1.045000000 |
| Next Low | 0.96 |
| 2nd Low | 0.959 |
| 3rd Low | 0.947 |
0.999 – 1.021 – 1.002 – 0.96 – 0.959 – 0.965 —
1.025000000 – 1.050000000 —
62.67637259864 – 63.331941819191 —
– —
0.999 – 1777982400
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Shooting Star – – –