The combination Avalanche/Tether (AVAX/USDT) goes from the bullish trendline downwards
A descending movement downwards to the next support level at 8.99 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 10.01 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. this is a bearish 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 | 10.51 |
| 2nd High | 10.36 |
| Next High | 10.01 |
| Current Price | 9.590000000 |
| Next Low | 8.99 |
| 2nd Low | 8.97 |
| 3rd Low | 8.92 |
9.52 – 9.38 – 9.25 – 8.99 – 8.97 – 9.06 —
9.510000000 – 9.740000000 —
66.003900850133 – 73.410701917122 —
– —
9.52 – 1777986000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – – –