Sell AVAX/USDT – 1H – SELL

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:

Forex and Crypto Live Trading Signals - MyLiveSignals