Sell AVAX/USDT – 30M – SELL

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

A descending movement downwards to the next support line at 38.800000000 is certain.

Caution: A possible change in the direction of resistance at 40.600000000 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 41.900000000
2nd High 40.810000000
Next High 40.600000000
Current Price 39.490000000
Next Low 38.800000000
2nd Low 34.950000000
3rd Low 34.940000000

Download AVAX/USDT Signal Image

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