AVAX/USDT – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 41.66256 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 42.120000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ candle chart pattern is found. 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 success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 50.840000000 |
| 2nd High | 42.380000000 |
| Next High | 42.120000000 |
| Current Price | 41.990000000 |
| Next Low | 40.890000000 |
| 2nd Low | 39.340000000 |
| 3rd Low | 38.800000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows