The pair Aptos/Tether (APT/USDT) moves from the ascending trendline downwards
A descending movement down to the next support level at 0.645 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.685 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair is likely to fall.
And also a ‘Bearish Belt Hold’ candle chart pattern is existing. The candles show ‘Bearish Belt Hold’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.694 |
| 2nd High | 0.693 |
| Next High | 0.685 |
| Current Price | 0.682000000 |
| Next Low | 0.645 |
| 2nd Low | 0.636 |
| 3rd Low | 0.633 |
0.685 – 0.677 – 0.671 – 0.645 – 0.658 – 0.668 —
0.686000000 – 0.689000000 —
69.983213271913 – 62.952946800151 —
– —
0.685 – 1781362800
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Bearish Belt Hold – – –