Sell AVAX/USDT – 30M – SELL

The currency pair Avalanche/Tether (AVAX/USDT) moves from the descending trendline downwards

A continuation of the downtrend downwards to the next support at 24.260000000 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 24.690000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘Three Black Crows’ chart pattern is discovered. The candles show ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 25.110000000
2nd High 24.730000000
Next High 24.690000000
Current Price 24.550000000
Next Low 24.260000000
2nd Low 24.090000000
3rd Low 23.860000000

24.690000000 – 24.730000000 – 24.620000000 – 24.260000000 – 24.380000000 – 24.090000000 — 52.086273580377 – 49.091082476924

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