APT/USDT – 1H – SELL

The currency pair Aptos/Tether (APT/USDT) moves from the descending trendline down.

A continuation of the downward movement down to the next support at 0.653 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.696 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.

Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.65488 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.696 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.696 – 0.716 – 0.685 – 0.653 – 0.661 – 0.645 —
0.675000000 – 0.678000000 —
45.299846444654 – 48.684465355411 —
– —
0.696 – 1781596800

Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Black Crows – – –