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