AVAX/USDT – 1H – SELLThe combination Avalanche/Tether (AVAX/USDT) moves from the bullish trendline downwards
A descent down to the next support level at 40.890000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 42.860000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 50.860000000 |
| 2nd High | 50.840000000 |
| Next High | 42.860000000 |
| Current Price | 41.620000000 |
| Next Low | 40.890000000 |
| 2nd Low | 38.800000000 |
| 3rd Low | 34.940000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows