Next a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The pair Aptos/Tether (APT/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support level at 1.008 is certain.
Caution: A possible change in the direction of the resistance line at 1.066 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three Outside Down’ chart pattern is detected. The chart forms ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.303 |
| 2nd High | 1.165 |
| Next High | 1.066 |
| Current Price | 1.002000000 |
| Next Low | 1.008 |
| 2nd Low | 0.9 |
| 3rd Low |
1.066 – 1.165 – 1.303 – 1.008 – 1.049 – 0.9 —
1.056000000 – 1.032000000 —
48.05945984217 – 42.465613904889 —
– —
1.066 – 1770660600
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –