The currency pair Aptos/Tether (APT/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support level at will persist.
Caution: A possible reversal of the trend in the direction of resistance at 1.004 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.
Besides a ‘Two Crows’ chart pattern is discovered. The candles show ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.128 |
| 2nd High | 1.01 |
| Next High | 1.004 |
| Current Price | 0.921000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.004 – 0.986 – 0.982 – 0.9 – 0.948 – 0.954 —
0.923000000 – 0.942000000 —
42.227963461833 – 55.46257842829 —
– —
1.004 – 1779894000
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Two Crows – – –