The combination Aptos/Tether (APT/USDT) goes from the bullish trendline down.
A descent down to the next support at 0.911 is considered certain.
Caution: A possible change in the direction of resistance at 0.985 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bearish Engulfing’ candle chart pattern is discovered. The candles form ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.03 |
| 2nd High | 1.025 |
| Next High | 0.985 |
| Current Price | 0.906000000 |
| Next Low | 0.911 |
| 2nd Low | 0.905 |
| 3rd Low | 0.865 |
0.985 – 0.962 – 1.025 – 0.932 – 0.911 – 0.921 —
0.930000000 – 0.911000000 —
34.257958702224 – 30.575560486143 —
– —
0.985 – 1773082800
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Bearish Engulfing – – –