AVAX/USDT – 30M – SELLAnd also a ‘Triple top chart pattern’ chart layout is discovered. The chart picture forms ‘Triple top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The currency pair Avalanche/Tether (AVAX/USDT) moves from the descending trendline down.
A continuation of the bearish trend down to the next support level at 22.400000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 24.120000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Matching Low’ candlestick pattern is discovered. The chart shows ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.510000000 |
| 2nd High | 24.510000000 |
| Next High | 24.120000000 |
| Current Price | 21.850000000 |
| Next Low | 22.400000000 |
| 2nd Low | 22.190000000 |
| 3rd Low | 21.870000000 |
24.120000000 – 23.670000000 – 24.510000000 – 22.400000000 – 23.100000000 – 23.880000000 — 30.308265137614 – 30.147962049823
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Matching Low – Triple top chart pattern –