The pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline downwards
A descending movement downwards to the next support line at 38.800000000 is certain.
Caution: A possible change in the direction of resistance at 40.600000000 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 41.900000000 |
2nd High | 40.810000000 |
Next High | 40.600000000 |
Current Price | 39.490000000 |
Next Low | 38.800000000 |
2nd Low | 34.950000000 |
3rd Low | 34.940000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows