The currency pair Aptos/Tether (APT/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support level at 0.919 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.025 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.027 |
| 2nd High | 1.026 |
| Next High | 1.025 |
| Current Price | 0.934000000 |
| Next Low | 0.919 |
| 2nd Low | 0.915 |
| 3rd Low | 0.905 |
1.025 – 1.014 – 1.021 – 0.946 – 0.966 – 0.989 —
0.951000000 – 0.942000000 —
35.528832383651 – 38.710287552691 —
– —
1.025 – 1772782200
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Black Crows – – –