The combination Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline downwards
A descending movement downwards to the next support level at 35.520000000 will persist.
Caution: A possible change in the direction of resistance at 38.140000000 could happen.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency 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 | 41.900000000 |
2nd High | 39.050000000 |
Next High | 38.140000000 |
Current Price | 35.650000000 |
Next Low | 35.520000000 |
2nd Low | 32.310000000 |
3rd Low | 30.590000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows