AVAX/USDT – 4H – SELLAdditionally a ‘Double bottom retreat down’ chart layout is existing. The chart picture shows ‘Double bottom retreat down’. which is a bearish pattern signal. The currency pair is likely to go down.
Additionally a ‘Bearish Belt Hold’ chart pattern is found. The candles show ‘Bearish Belt Hold’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 27.380000000 |
| Next High | 24.820000000 |
| Current Price | 24.700000000 |
| Next Low | 22.760000000 |
| 2nd Low | 21.440000000 |
| 3rd Low | 20.390000000 |
24.820000000 – 27.380000000 – 26.530000000 – 22.760000000 – 21.440000000 – 22.530000000 — 58.145606291866 – 51.635355052038
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Belt Hold – Double bottom retreat down – –