AVAX/USDT – 30M – SELLThe currency pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline downwards
A descending movement downwards to the next support at 17.710000000 will continue.
Caution: A possible change in the direction of the resistance level at 18.260000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.
In addition a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
In addition a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. which 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 ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 20.000000000 |
| 2nd High | 18.900000000 |
| Next High | 18.260000000 |
| Current Price | 17.620000000 |
| Next Low | 17.710000000 |
| 2nd Low | 17.020000000 |
| 3rd Low | 15.610000000 |
18.260000000 – 18.900000000 – 18.170000000 – 17.710000000 – 17.990000000 – 17.810000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Three Black Crows –