The pair Aptos/Tether (APT/USDT) goes from the ascending trendline downwards
A bearish movement down to the next support at 0.559 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.596 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bearish Engulfing’ candle pattern is existing. The chart forms ‘Bearish Engulfing’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.614 |
| 2nd High | 0.609 |
| Next High | 0.596 |
| Current Price | 0.593000000 |
| Next Low | 0.559 |
| 2nd Low | 0.555 |
| 3rd Low |
0.596 – 0.591 – 0.609 – 0.559 – 0.555 – 0.564 —
0.580000000 – 0.598000000 —
55.256781543569 – 64.805792864405 —
– —
0.596 – 1782752400
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Bearish Engulfing – – –