The currency pair Aptos/Tether (APT/USDT) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 0.897 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.958 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Tweezers Top’ chart pattern is found. The chart forms ‘Tweezers Top’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.966 |
| 2nd High | 0.963 |
| Next High | 0.958 |
| Current Price | 0.947000000 |
| Next Low | 0.897 |
| 2nd Low | 0.893 |
| 3rd Low |
0.958 – 0.928 – 0.928 – 0.897 – 0.893 – 0.916 —
0.958000000 – 0.956000000 —
70.932056104604 – 67.208456827476 —
– —
0.958 – 1771002000
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Tweezers Top – – –