Sell AVAX/USDT – 30M – SELL

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

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