The currency pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline down.
The bearish trend down to the next support at 9.08 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 9.57 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
Furthermore a ‘Two Crows’ candle pattern is discovered. The chart forms ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.01 |
| 2nd High | 9.68 |
| Next High | 9.57 |
| Current Price | 9.140000000 |
| Next Low | 9.08 |
| 2nd Low | 8.96 |
| 3rd Low | 8.92 |
9.57 – 9.68 – 10.01 – 9.08 – 9.16 – 8.96 —
9.210000000 – 9.230000000 —
41.483959101588 – 44.789049470056 —
– —
9.57 – 1777248000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Two Crows – – –