The pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline downwards
A bearish descent downwards to the next support at 40.670000000 is certain.
Caution: A possible change in the direction of the resistance zone at 47.930000000 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 47.930000000 |
Current Price | 40.280000000 |
Next Low | 40.670000000 |
2nd Low | 38.310000000 |
3rd Low | 35.180000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows