Sell AVAX/USDT – 1H – SELL

The currency pair Avalanche/Tether (AVAX/USDT) goes from the bearish trendline down.

A continuation of the downward movement downwards to the next support line at 24.130000000 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 25.330000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Then a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 24.700000000
Next Low 24.130000000
2nd Low 23.030000000
3rd Low 22.190000000

25.080000000 – 25.330000000 – 26.570000000 – 24.130000000 – 24.240000000 – 23.030000000 — 53.81648438763 – 50.406376717896

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