AVAX/USDT – 30M – SELLThe currency pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline down.
A descending movement downwards to the next support line at 17.710000000 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 18.260000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.
There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.
There is also a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 20.000000000 |
| 2nd High | 18.900000000 |
| Next High | 18.260000000 |
| Current Price | 17.620000000 |
| Next Low | 17.710000000 |
| 2nd Low | 17.020000000 |
| 3rd Low | 15.610000000 |
18.260000000 – 18.900000000 – 18.170000000 – 17.710000000 – 17.990000000 – 17.810000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Three Black Crows –