APT/USDT – 1H – SELL

The pair Aptos/Tether (APT/USDT) moves from the bullish trendline downwards

A bearish descent downwards to the next support line at 0.623 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.696 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Bearish Engulfing’ candle chart pattern is existing. The chart shows ‘Bearish Engulfing’. 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 ‘Bearish Engulfing’ going down is 79%.

0.667 – 0.644 – 0.696 – 0.623 – 0.613 – 0.619 —
0.660000000 – 0.670000000 —
56.859293763443 – 64.112334807388 —
– —
0.667 – 1782032400

Trading Signals: CRYPTO – APT – APT/USDT – USDT – Bearish Engulfing – – –