The pair Aptos/Tether (APT/USDT) jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 0.939 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.977 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.928464 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.977 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.985 |
| 2nd High | 0.979 |
| Next High | 0.977 |
| Current Price | 0.941000000 |
| Next Low | 0.939 |
| 2nd Low | 0.938 |
| 3rd Low | 0.911 |
0.977 – 0.979 – 0.985 – 0.939 – 0.951 – 0.938 —
0.964000000 – 0.945000000 —
54.60521987643 – 43.948135677805 —
– —
0.977 – 1773129600