The currency pair Aptos/Tether (APT/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 0.649 is expected.
Caution: A possible counter-trend in the direction of the support level at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.6545 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.649 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.679 |
| 2nd High | 0.66 |
| Next High | 0.649 |
| Current Price | 0.641000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.649 – 0.66 – 0.679 – 0.613 – 0.619 – 0.637 —
0.623000000 – 0.631000000 —
38.798625142519 – 53.905998920418 —
– —
0.649 – 1781830800
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three White Soldiers – – –