AVAX/USDT – 30M – SELLThe combination Avalanche/Tether (AVAX/USDT) moves from the bullish trendline down.
A bearish descent down to the next support level at 52.000000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 53.620000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 54.030000000 |
| 2nd High | 53.840000000 |
| Next High | 53.620000000 |
| Current Price | 51.310000000 |
| Next Low | 52.000000000 |
| 2nd Low | 50.720000000 |
| 3rd Low | 49.570000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows