The pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline down.
A descent down to the next support at 43.400000000 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 45.050000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 50.860000000 |
2nd High | 50.840000000 |
Next High | 45.050000000 |
Current Price | 43.870000000 |
Next Low | 43.400000000 |
2nd Low | 42.030000000 |
3rd Low | 41.240000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows