AVAX/USDT – 30M – SELLThe combination Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline downwards
A bearish trend down to the next support line at 42.030000000 is considered certain.
Caution: A possible change in the direction of the resistance level at 50.840000000 is also possible.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative pattern 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 | 52.050000000 |
| 2nd High | 50.860000000 |
| Next High | 50.840000000 |
| Current Price | 43.190000000 |
| Next Low | 42.030000000 |
| 2nd Low | 41.240000000 |
| 3rd Low | 40.890000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows