Sell AVAX/USDT – 30M – SELL

The pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline downwards

A descent downwards to the next support line at 35.520000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 37.730000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High 39.050000000
2nd High 38.140000000
Next High 37.730000000
Current Price 35.690000000
Next Low 35.520000000
2nd Low 35.180000000
3rd Low 32.310000000

Download AVAX/USDT Signal Image

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