APT/USDT – 30M – SELL

The pair Aptos/Tether (APT/USDT) goes from the descending trendline down.

A continuation of the bearish trend downwards to the next support level at 0.919 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.988000000 could happen.
Consider stop-loss settings accordingly.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

Next a ‘Bearish Engulfing’ candle chart pattern is found. The chart shows ‘Bearish Engulfing’. which is a bearish chart scenario. The currency 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%.

0.988000000 – 0.961 – 0.98 – 0.919 – 0.915 – 0.905 —
0.988000000 – 0.972000000 —
71.197460647222 – 62.126723986374 —
0.988000000 – 1772465400 —
– 1772465400

Trading Signals: CRYPTO – APT – APT/USDT – USDT – Bearish Engulfing – – –