AVAX/USDT – 30M – SELLThe pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline down.
A bearish movement down to the next support line at 43.650000000 will continue.
Caution: A possible change in the direction of resistance at 52.330000000 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Evening Star’ candle pattern is found. The candles show ‘Evening Star’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Evening Star’ going down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 52.330000000 |
| Current Price | 49.760000000 |
| Next Low | 43.650000000 |
| 2nd Low | 42.630000000 |
| 3rd Low | 41.510000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Evening Star