The currency pair Avalanche/Tether (AVAX/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 38.310000000 is likely expected.
Caution: A possible change in the direction of resistance at 43.140000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 45.270000000 |
2nd High | 43.790000000 |
Next High | 43.140000000 |
Current Price | 41.270000000 |
Next Low | 38.310000000 |
2nd Low | 35.180000000 |
3rd Low | 32.310000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows