The currency pair Aptos/Tether (APT/USDT) goes from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 0.819 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.944 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The pair is likely to go down.
Moreover a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
Moreover a ‘Three Outside Down’ candlestick chart pattern is detected. The candles form ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.112 |
| 2nd High | 1.026 |
| Next High | 0.944 |
| Current Price | 0.882000000 |
| Next Low | 0.819 |
| 2nd Low | 0.8 |
| 3rd Low | 0.798 |
0.944 – 1.026 – 1.112 – 0.919 – 0.951 – 0.819 —
0.938000000 – 0.920000000 —
42.869004691027 – 33.905348697841 —
– —
0.944 – 1772238600
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –