The pair Aptos/Tether (APT/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support at 0.966 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.014 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to 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 line at 1.014 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 – – –