AVAX/USDT – 4H – SELLThe currency pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline down.
A bearish descent down to the next support at 34.870000000 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 55.410000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bearish Harami’ candlestick chart pattern is found. The chart shows ‘Bearish Harami’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 55.790000000 |
| Next High | 55.410000000 |
| Current Price | 42.370000000 |
| Next Low | 34.870000000 |
| 2nd Low | 32.310000000 |
| 3rd Low | 30.590000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Harami