The pair Aptos/Tether (APT/USDT) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at will continue.
Caution: A possible trend reversal in the direction of resistance at 0.98 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Bearish Belt Hold’ candle pattern is found. The chart forms ‘Bearish Belt Hold’. 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 probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.025 |
| 2nd High | 0.985 |
| Next High | 0.98 |
| Current Price | 0.924000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.98 – 0.985 – 0.962 – 0.903 – 0.932 – 0.911 —
0.968000000 – 0.939000000 —
67.069637811017 – 46.888597598956 —
– —
0.98 – 1773410400
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Bearish Belt Hold – – –