Sell AVAX/USDT – 30M – SELL

The pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline downwards

The bearish trend downwards to the next support level at 36.840000000 is likely expected.

Caution: A possible change in the direction of the resistance level at 39.050000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative pattern signal. 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 41.900000000
2nd High 40.810000000
Next High 39.050000000
Current Price 36.920000000
Next Low 36.840000000
2nd Low 35.520000000
3rd Low 35.180000000

Download AVAX/USDT Signal Image

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