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
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows