AVAX/USDT – 30M – SELLThe pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline down.
A bearish trend downwards to the next support line at 25.350000000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 27.090000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bearish Harami’ chart pattern is discovered. The candles show ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 28.780000000 |
| 2nd High | 27.410000000 |
| Next High | 27.090000000 |
| Current Price | 25.490000000 |
| Next Low | 25.350000000 |
| 2nd Low | 24.290000000 |
| 3rd Low | 23.660000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Harami