APT/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 0.966 is likely expected.

Caution: A possible change in the direction of resistance at 1.014 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.9965 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 1.014 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

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 – – –