AVAX/USDT – 1H – SELLThe currency pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline downwards
A bearish trend down to the next support line at 35.950000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 37.930000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. this 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 Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 50.840000000 |
| 2nd High | 45.050000000 |
| Next High | 37.930000000 |
| Current Price | 36.170000000 |
| Next Low | 35.950000000 |
| 2nd Low | 35.500000000 |
| 3rd Low | 34.940000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows