The combination Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline down.
The bearish trend downwards to the next support at 36.330000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 38.140000000 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish 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 | 40.810000000 |
2nd High | 39.050000000 |
Next High | 38.140000000 |
Current Price | 37.090000000 |
Next Low | 36.330000000 |
2nd Low | 36.280000000 |
3rd Low | 35.520000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows