Sell AVAX/USDT – 30M – SELL

The pair Avalanche/Tether (AVAX/USDT) goes from the bearish trendline downwards

A continuation of the downtrend down to the next support level at 42.360000000 is considered certain.

Caution: A possible change in the direction of the resistance level at 44.250000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish signal. The currency 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 47.930000000
2nd High 44.470000000
Next High 44.250000000
Current Price 42.870000000
Next Low 42.360000000
2nd Low 40.680000000
3rd Low 38.500000000

Download AVAX/USDT Signal Image

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