The combination Avalanche/Tether (AVAX/USDT) goes from the bullish trendline down.
A descending movement downwards to the next support line at 34.870000000 is considered certain.
Caution: A possible change in the direction of the resistance level at 37.190000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Bearish Harami’ candlestick chart pattern is discovered. The candles show ‘Bearish Harami’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 38.140000000 |
2nd High | 37.730000000 |
Next High | 37.190000000 |
Current Price | 35.360000000 |
Next Low | 34.870000000 |
2nd Low | 32.310000000 |
3rd Low | 31.150000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Harami