Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The currency pair Aptos/Tether (APT/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 0.619 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.637 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Matching Low’ chart pattern is detected. The candles show ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.687 |
| 2nd High | 0.651 |
| Next High | 0.637 |
| Current Price | 0.627000000 |
| Next Low | 0.619 |
| 2nd Low | 0.595 |
| 3rd Low | 0.559 |
0.637 – 0.637 – 0.651 – 0.619 – 0.595 – 0.611 —
0.635000000 – 0.635000000 —
51.627094236052 – 52.437308430288 —
– —
0.637 – 1783645200
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –