AVAX/USDT – 1H – SELLThe pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline downwards
A bearish movement downwards to the next support level at 36.280000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 38.140000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 41.900000000 |
| 2nd High | 39.050000000 |
| Next High | 38.140000000 |
| Current Price | 36.810000000 |
| Next Low | 36.280000000 |
| 2nd Low | 35.520000000 |
| 3rd Low | 32.310000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows