AVAX/USDT – 1H – SELLThe combination Avalanche/Tether (AVAX/USDT) moves from the ascending trendline down.
A bearish descent down to the next support line at 38.800000000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 45.050000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 50.860000000 |
| 2nd High | 50.840000000 |
| Next High | 45.050000000 |
| Current Price | 39.570000000 |
| Next Low | 38.800000000 |
| 2nd Low | 34.940000000 |
| 3rd Low | 34.870000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows