Sell AVAX/USDT – 30M – SELL

The combination Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline downwards

A bearish movement down to the next support level at 22.760000000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 25.510000000 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator is ‘StochRSI fall below 80’. which is often a bearish chart signal. The pair is likely to go down.

Additionally a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 27.380000000
Next High 25.510000000
Current Price 24.770000000
Next Low 22.760000000
2nd Low 22.190000000
3rd Low 21.950000000

24.900000000 – 24.600000000 – 24.050000000 – 22.760000000 – 23.540000000 – 23.260000000 — 62.402525407108 – 55.924452373522

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