AVAX/USDT – 1H – SELLThe currency pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline downwards
The bearish trend down to the next support line at 35.520000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 38.140000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Bearish Harami’ candle chart pattern is found. The candles show ‘Bearish Harami’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 41.900000000 |
| 2nd High | 39.050000000 |
| Next High | 38.140000000 |
| Current Price | 36.210000000 |
| Next Low | 35.520000000 |
| 2nd Low | 32.310000000 |
| 3rd Low | 30.590000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Harami