APT/USDT – 30M – SELL

The currency pair Aptos/Tether (APT/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support level at 0.966 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 1.014 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.9965 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 1.014 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

1.014 – 1.021 – 1.026 – 0.966 – 0.989 – 0.995 —
1.008000000 – 1.024000000 —
53.607801191109 – 57.836492392545 —
– —
1.014 – 1772760600

Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Black Crows – – –