AVAX/USDT – 30M – SELLThe currency pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support level at 38.800000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 44.190000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Inside Down’ candlestick pattern is discovered. The candles show ‘Three Inside Down’. 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 likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 45.050000000 |
| 2nd High | 44.570000000 |
| Next High | 44.190000000 |
| Current Price | 39.210000000 |
| Next Low | 38.800000000 |
| 2nd Low | 34.950000000 |
| 3rd Low | 34.940000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Inside Down