AVAX/USDT – 1H – SELLThe combination Avalanche/Tether (AVAX/USDT) goes from the ascending trendline downwards
The bearish trend downwards to the next support level at 41.240000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 50.840000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Collapsing Doji Star’ candle chart pattern is detected. The chart shows ‘Collapsing Doji Star’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 52.050000000 |
| 2nd High | 50.860000000 |
| Next High | 50.840000000 |
| Current Price | 44.070000000 |
| Next Low | 41.240000000 |
| 2nd Low | 40.890000000 |
| 3rd Low | 38.800000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Collapsing Doji Star