APT/USDT – 1H – SELL

The combination Aptos/Tether (APT/USDT) goes from the descending trendline down.

A continuation of the bearish trend down to the next support level at 0.591 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.633 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

Next a ‘Collapsing Doji Star’ candlestick chart pattern is existing. The candles form ‘Collapsing Doji Star’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

0.633 – 0.628 – 0.648 – 0.591 – 0.604 – 0.611 —
0.610000000 – 0.622000000 —
51.221775348035 – 65.589696789909 —
– —
0.633 – 1784120400

Trading Signals: CRYPTO – APT – APT/USDT – USDT – Collapsing Doji Star – – –