AVAX/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 36.41332 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 37.930000000 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Bearish Harami’ chart pattern is detected. The chart forms ‘Bearish Harami’. 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 likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 39.370000000 |
| 2nd High | 37.940000000 |
| Next High | 37.930000000 |
| Current Price | 36.910000000 |
| Next Low | 35.500000000 |
| 2nd Low | 34.950000000 |
| 3rd Low | 34.940000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Harami