Sell AVAX/USDT – 30M – SELL

The pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline down.

A bearish movement downwards to the next support at 39.340000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 44.190000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. 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 ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 45.050000000
2nd High 44.570000000
Next High 44.190000000
Current Price 40.420000000
Next Low 39.340000000
2nd Low 38.800000000
3rd Low 34.950000000

Download AVAX/USDT Signal Image

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