The pair Aptos/Tether (APT/USDT) breaks through the descending trendline up.
An ascent up to the next resistance level at 0.962 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 0.921 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Bearish Harami Cross’ candle chart pattern is detected. The candles form ‘Bearish Harami Cross’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.03 |
| 2nd High | 1.025 |
| Next High | 0.962 |
| Current Price | 0.944000000 |
| Next Low | 0.921 |
| 2nd Low | 0.915 |
| 3rd Low | 0.905 |
0.962 – 1.025 – 1.021 – 0.921 – 0.966 – 0.989 —
0.946000000 – 0.944000000 —
49.660357933065 – 51.41940263708 —
– —
0.962 – 1772971200
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Bearish Harami Cross – – –