The combination Aptos/Tether (APT/USDT) goes from the bullish trendline down.
A bearish trend downwards to the next support level at 0.971 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 1.015 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘StochOSC Hidden Bearish Divergence’ indicator layout is found. The indicator is ‘StochOSC Hidden Bearish Divergence’. signal.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.982128 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 1.015 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Two Crows’ candle pattern is found. The chart shows ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.023 |
| 2nd High | 1.021 |
| Next High | 1.015 |
| Current Price | 0.993000000 |
| Next Low | 0.971 |
| 2nd Low | 0.947 |
| 3rd Low | 0.94 |
1.015 – 1.007 – 1.021 – 0.971 – 0.987 – 1.003 —
0.993000000 – 0.996000000 —
52.124106094947 – 60.62594118121 —
– —
1.015 – 1777757400
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Two Crows – – –