The pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline downwards
The bearish trend down to the next support at 41.240000000 will persist.
Caution: A possible change in the direction of resistance at 45.050000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Bullish Harami’ candlestick chart pattern is discovered. The chart forms ‘Bullish Harami’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Harami’ heading up is 53% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 50.860000000 |
2nd High | 50.840000000 |
Next High | 45.050000000 |
Current Price | 43.880000000 |
Next Low | 41.240000000 |
2nd Low | 40.890000000 |
3rd Low | 38.800000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Harami