The currency pair Aptos/Tether (APT/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance at 1.048 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.96 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 1.021 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.048 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Three Outside Up’ candlestick chart pattern is found. The chart forms ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.088 |
| 2nd High | 1.058 |
| Next High | 1.048 |
| Current Price | 1.046000000 |
| Next Low | 0.96 |
| 2nd Low | 0.959 |
| 3rd Low | 0.947 |
0.999 – 1.021 – 1.002 – 0.96 – 0.959 – 0.965 —
1.020000000 – 1.025000000 —
61.226007954545 – 62.676372649411 —
– —
0.999 – 1777982400
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Outside Up – – –