The currency pair Aptos/Tether (APT/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 0.905 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.98 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Besides a ‘On Neck’ candlestick chart pattern is detected. The chart shows ‘On Neck’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘On Neck’ heading down is 56% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.112 |
| 2nd High | 1.026 |
| Next High | 0.98 |
| Current Price | 0.947000000 |
| Next Low | 0.905 |
| 2nd Low | 0.865 |
| 3rd Low | 0.819 |
0.98 – 0.944 – 1.026 – 0.905 – 0.865 – 0.919 —
0.960000000 – 0.961000000 —
61.396457122618 – 59.288186575595 —
– —
0.98 – 1772330400
Trading Signals: CRYPTO – APT – APT/USDT – USDT – On Neck – – –