The currency pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline downwards
A bearish movement down to the next support at 42.030000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 44.190000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Bearish Harami’ candlestick chart pattern is discovered. The chart shows ‘Bearish Harami’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 45.050000000 |
2nd High | 44.570000000 |
Next High | 44.190000000 |
Current Price | 43.040000000 |
Next Low | 42.030000000 |
2nd Low | 41.240000000 |
3rd Low | 40.890000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Harami