The currency pair Aptos/Tether (APT/USDT) jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 0.633 is expected.
Caution: A possible change in the direction of the resistance line at 0.671 could occur.
Consider stop-loss settings accordingly.
And also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.
And also a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair could go down.
And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
And also a ‘Two Crows’ candlestick chart pattern is detected. The candles form ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.676 |
| 2nd High | 0.672 |
| Next High | 0.671 |
| Current Price | 0.643000000 |
| Next Low | 0.633 |
| 2nd Low | 0.619 |
| 3rd Low | 0.607 |
0.671 – 0.659 – 0.643 – 0.633 – 0.619 – 0.623 —
0.662000000 – 0.669000000 —
59.965315255948 – 62.592500136061 —
– —
0.671 – 1781260200
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Two Crows – – –