The currency pair Avalanche/Tether (AVAX/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 22.530000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 24.440000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.
There is also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
There is also a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative 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 | 26.530000000 |
| 2nd High | 26.100000000 |
| Next High | 24.440000000 |
| Current Price | 24.000000000 |
| Next Low | 22.530000000 |
| 2nd Low | 22.190000000 |
| 3rd Low | 21.870000000 |
24.440000000 – 24.200000000 – 26.100000000 – 22.530000000 – 23.150000000 – 24.710000000 — 55.123424216951 – 51.333798465585
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – –