APT/USDT – 1H – SELL

The currency pair Aptos/Tether (APT/USDT) jumps from the descending trendline downwards

A continuation of the bearish trend down to the next support at 0.948 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 1.037 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The pair is likely to go down.

Besides a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Besides a ‘Bearish Belt Hold’ candlestick pattern is detected. The chart shows ‘Bearish Belt Hold’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

1.037 – 1.006 – 0.961 – 0.948 – 0.915 – 0.905 —
1.014000000 – 1.024000000 —
60.394707030845 – 62.531357035338 —
– —
1.037 – 1772560800

Trading Signals: CRYPTO – APT – APT/USDT – USDT – Bearish Belt Hold – – –