AVAX/USDT – 30M – SELLThe currency pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline downwards
A bearish movement downwards to the next support level at 43.400000000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 45.050000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bearish Harami’ candle pattern is existing. The chart shows ‘Bearish Harami’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 50.860000000 |
| 2nd High | 50.840000000 |
| Next High | 45.050000000 |
| Current Price | 43.880000000 |
| Next Low | 43.400000000 |
| 2nd Low | 42.030000000 |
| 3rd Low | 41.240000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Harami