AVAX/USDT – 4H – SELLThe combination Avalanche/Tether (AVAX/USDT) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 35.520000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 41.900000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Two Crows’ candlestick chart pattern is found. The candles form ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.790000000 |
| 2nd High | 55.410000000 |
| Next High | 41.900000000 |
| Current Price | 37.340000000 |
| Next Low | 35.520000000 |
| 2nd Low | 32.310000000 |
| 3rd Low | 30.590000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Two Crows