AVAX/USDT – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 49.50986 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 52.130000000 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.790000000 |
| 2nd High | 53.080000000 |
| Next High | 52.130000000 |
| Current Price | 51.400000000 |
| Next Low | 50.350000000 |
| 2nd Low | 49.730000000 |
| 3rd Low | 47.800000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows