Sell AVAX/USDT – 30M – SELL

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

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