The pair Aptos/Tether (APT/USDT) moves from the ascending trendline downwards
A bearish movement downwards to the next support line at 0.645 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.871 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three Outside Down’ candle chart pattern is found. The candles show ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.961 |
| 2nd High | 0.95 |
| Next High | 0.871 |
| Current Price | 0.701000000 |
| Next Low | 0.645 |
| 2nd Low | 0.636 |
| 3rd Low | 0.633 |
0.685 – 0.671 – 0.659 – 0.645 – 0.636 – 0.633 —
0.685000000 – 0.716000000 —
61.093842733514 – 75.503494159043 —
– —
0.685 – 1781362800
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Outside Down – – –