AVAX/USDT – 30M – SELLIn addition a ‘Double top chart pattern’ chart formation is found. The chart picture forms ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The pair Avalanche/Tether (AVAX/USDT) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 22.670000000 is considered certain.
Caution: A possible change in the direction of resistance at 24.330000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.200000000 |
| 2nd High | 24.460000000 |
| Next High | 24.330000000 |
| Current Price | 23.610000000 |
| Next Low | 22.670000000 |
| 2nd Low | 22.190000000 |
| 3rd Low | 21.950000000 |
24.330000000 – 24.200000000 – 24.070000000 – 22.670000000 – 22.860000000 – 23.820000000 — 54.735314235574 – 41.83121544262
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – Double top chart pattern – –