The pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline down.
A descent downwards to the next support at 24.240000000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 25.330000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
Moreover a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.770000000 |
| 2nd High | 26.570000000 |
| Next High | 25.330000000 |
| Current Price | 24.550000000 |
| Next Low | 24.240000000 |
| 2nd Low | 23.860000000 |
| 3rd Low | 23.160000000 |
25.330000000 – 24.620000000 – 24.350000000 – 24.240000000 – 23.860000000 – 23.160000000 — 47.605520920303 – 45.215887218676
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – – –