AVAX/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 36.28 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 39.050000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Falling Window’ candlestick pattern is detected. The candles form ‘Falling Window’. 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 likelyhood of ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 41.900000000 |
| 2nd High | 40.810000000 |
| Next High | 39.050000000 |
| Current Price | 37.320000000 |
| Next Low | 36.330000000 |
| 2nd Low | 36.280000000 |
| 3rd Low | 35.520000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Falling Window