AVAX/USDT – 30M – SELLThe combination Avalanche/Tether (AVAX/USDT) goes from the ascending trendline down.
A bearish descent downwards to the next support line at 41.860000000 is considered certain.
Caution: A possible change in the direction of the resistance line at 42.860000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Collapsing Doji Star’ candlestick chart pattern is discovered. The chart forms ‘Collapsing Doji Star’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 50.860000000 |
| 2nd High | 50.840000000 |
| Next High | 42.860000000 |
| Current Price | 42.280000000 |
| Next Low | 41.860000000 |
| 2nd Low | 40.890000000 |
| 3rd Low | 39.340000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Collapsing Doji Star