Sell APT/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.668308 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.685 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Tweezers Top’ candlestick chart pattern is found. The candles show ‘Tweezers Top’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 0.694
2nd High 0.693
Next High 0.685
Current Price 0.677000000
Next Low 0.636
2nd Low 0.633
3rd Low 0.619

0.685 – 0.671 – 0.659 – 0.636 – 0.633 – 0.619 —
0.659000000 – 0.656000000 —
36.614215163122 – 42.818385374153 —
– —
0.685 – 1781362800

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