The combination Aptos/Tether (APT/USDT) moves from the bearish trendline down.
A continuation of the downward movement down to the next support at 0.948 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 1.011 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candlestick chart pattern is found. 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 probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.066 |
| 2nd High | 1.014 |
| Next High | 1.011 |
| Current Price | 0.947000000 |
| Next Low | 0.948 |
| 2nd Low | 0.9 |
| 3rd Low |
1.011 – 1.014 – 1.066 – 0.948 – 0.971 – 1.008 —
0.960000000 – 0.964000000 —
27.390766317425 – 33.825360184309 —
– —
1.011 – 1770777000
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Black Crows – – –