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
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows