AVAX/USDT – 30M – SELLThe currency pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline downwards
A bearish descent down to the next support level at 41.890000000 is expected.
Caution: A possible change in the direction of resistance at 45.270000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Line Strike – Bearish’ candlestick chart pattern is existing. The chart shows ‘Three Line Strike – Bearish’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 45.270000000 |
| Current Price | 41.580000000 |
| Next Low | 41.890000000 |
| 2nd Low | 35.180000000 |
| 3rd Low | 32.310000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Line Strike – Bearish