The currency pair Aptos/Tether (APT/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support line at 0.911 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 1.025 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Tweezers Top’ chart pattern is detected. The candles show ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.027 |
| 2nd High | 1.026 |
| Next High | 1.025 |
| Current Price | 0.964000000 |
| Next Low | 0.911 |
| 2nd Low | 0.905 |
| 3rd Low | 0.865 |
0.966 – 0.962 – 1.025 – 0.911 – 0.921 – 0.932 —
0.947000000 – 0.968000000 —
50.71492560761 – 66.172295853903 —
– —
0.966 – 1773034200
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Tweezers Top – – –