APT/USDT – 30M – SELL

The pair Aptos/Tether (APT/USDT) jumps from the ascending trendline downwards

A descent down to the next support line at 0.938 is expected.

Caution: A possible counter-trend in the direction of resistance at 0.966 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.935396 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 0.966 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Outside Down’ candlestick chart pattern is existing. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.966 – 0.962 – 1.025 – 0.938 – 0.911 – 0.921 —
0.965000000 – 0.971000000 —
58.764903970693 – 57.43070562542 —
– —
0.966 – 1773034200

Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Outside Down – – –