AVAX/USDT – 30M – SELLThe pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline downwards
A descent downwards to the next support level at 34.310000000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 37.270000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 37.490000000 |
| Next High | 37.270000000 |
| Current Price | 35.940000000 |
| Next Low | 34.310000000 |
| 2nd Low | 31.150000000 |
| 3rd Low | 30.590000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows