Additionally a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The pair Aptos/Tether (APT/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.604 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.633 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Three Inside Down’ candlestick chart pattern is discovered. The chart shows ‘Three Inside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.651 |
| 2nd High | 0.648 |
| Next High | 0.633 |
| Current Price | 0.600000000 |
| Next Low | 0.604 |
| 2nd Low | 0.578 |
| 3rd Low | 0.559 |
0.633 – 0.628 – 0.648 – 0.604 – 0.611 – 0.578 —
0.613000000 – 0.617000000 —
45.242071815171 – 49.356563503959 —
– —
0.633 – 1784120400
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Inside Down – Symmetrical Triangle Chart Pattern – –