AVAX/USDT – 30M – SELLThe currency pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline downwards
A descent downwards to the next support level at 9.09 is likely expected.
Caution: A possible change in the direction of the resistance level at 9.38 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. 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 | 9.57 |
| 2nd High | 9.45 |
| Next High | 9.38 |
| Current Price | 9.430000000 |
| Next Low | 9.09 |
| 2nd Low | 8.99 |
| 3rd Low | 8.97 |
9.38 – 9.13 – 9.25 – 9.09 – 8.99 – 8.97 —
9.430000000 – 9.520000000 —
68.214463721262 – 73.898141146513 —
– —
9.38 – 1777867200
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – – –