AVAX/USDT – 4H – SELLThe currency pair Avalanche/Tether (AVAX/USDT) goes from the descending trendline downwards
A continuation of the downward movement down to the next support line at 8.52 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 14.95 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative chart signal. The pair is likely to go down.
Moreover a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
Moreover a ‘Southern Doji’ candle chart pattern is existing. The candles show ‘Southern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 15.27 |
| 2nd High | 15.09 |
| Next High | 14.95 |
| Current Price | 10.990000000 |
| Next Low | 8.52 |
| 2nd Low | |
| 3rd Low |
14.95 – 13.2 – 12.62 – 11.23 – 11.88 – 12.09 —
12.160000000 – 11.810000000 —
56.226755484317 – 40.048795950567 —
– —
14.95000 – 1768406400
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Southern Doji – – –