AVAX/USDT – 30M – SELLThe pair Avalanche/Tether (AVAX/USDT) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 10.7 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 11.09 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Southern Doji’ candlestick chart pattern is existing. The candles show ‘Southern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.27 |
| 2nd High | 12.18 |
| Next High | 11.09 |
| Current Price | 10.800000000 |
| Next Low | 10.7 |
| 2nd Low | |
| 3rd Low |
11.09 – 12.18 – 12.27 – 10.7 – 10.8 – 11.69 —
10.980000000 – 10.990000000 —
24.660488943521 – 40.863342133056 —
– —
11.09000 – 1769733000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Southern Doji – – –