The pair Aptos/Tether (APT/USDT) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 0.64 is likely expected.
Caution: A possible change in the direction of resistance at 0.672 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bearish Belt Hold’ candlestick chart pattern is detected. The chart forms ‘Bearish Belt Hold’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.693 |
| 2nd High | 0.676 |
| Next High | 0.672 |
| Current Price | 0.633000000 |
| Next Low | 0.64 |
| 2nd Low | 0.638 |
| 3rd Low | 0.616 |
0.672 – 0.676 – 0.693 – 0.64 – 0.638 – 0.647 —
0.633000000 – 0.642000000 —
32.067583844198 – 50.236855789313 —
– —
0.672 – 1781053200
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Bearish Belt Hold – – –