The pair Aptos/Tether (APT/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.966 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.014 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.9965 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 1.014 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.026 |
| 2nd High | 1.021 |
| Next High | 1.014 |
| Current Price | 1.008000000 |
| Next Low | 0.966 |
| 2nd Low | 0.948 |
| 3rd Low | 0.919 |
1.014 – 1.021 – 1.026 – 0.966 – 0.989 – 0.995 —
1.008000000 – 1.024000000 —
53.607801191109 – 57.836492392545 —
– —
1.014 – 1772760600
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Black Crows – – –