The currency pair Aptos/Tether (APT/USDT) moves from the descending trendline down.
A continuation of the bearish trend down to the next support at 0.966 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.014 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.9965 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.014 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.026 |
| 2nd High | 1.021 |
| Next High | 1.014 |
| Current Price | 1.008000000 |
| Next Low | 0.966 |
| 2nd Low | 0.948 |
| 3rd Low | 0.919 |
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 – – –