AVAX/USDT – 30M – SELLThe combination jumps from the ascending trendline downwards
A descent downwards to the next support at 27.510000000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 28.580000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three White Soldiers’ candle pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.620000000 |
| 2nd High | 29.320000000 |
| Next High | 28.580000000 |
| Current Price | 28.720000000 |
| Next Low | 27.510000000 |
| 2nd Low | 27.100000000 |
| 3rd Low | 26.510000000 |