The currency pair Aptos/Tether (APT/USDT) goes from the descending trendline down.
A continuation of the downward movement down to the next support level at 0.932 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 1.025 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Outside Down’ candle pattern is existing. The chart shows ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.027 |
| 2nd High | 1.026 |
| Next High | 1.025 |
| Current Price | 0.934000000 |
| Next Low | 0.932 |
| 2nd Low | 0.919 |
| 3rd Low | 0.915 |
1.025 – 1.014 – 1.021 – 0.932 – 0.946 – 0.966 —
0.942000000 – 0.939000000 —
37.667448692685 – 40.472726277758 —
– —
1.025 – 1772782200
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Outside Down – – –