The pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline downwards
A descent downwards to the next support line at 47.800000000 will continue.
Caution: A possible change in the direction of the resistance line at 53.950000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Evening Star’ chart pattern is discovered. The chart shows ‘Evening Star’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ heading down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 53.950000000 |
Current Price | 53.900000000 |
Next Low | 47.800000000 |
2nd Low | 43.650000000 |
3rd Low | 42.630000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Evening Star