The pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline down.
A bearish movement downwards to the next support at 39.340000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 44.190000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 45.050000000 |
2nd High | 44.570000000 |
Next High | 44.190000000 |
Current Price | 40.420000000 |
Next Low | 39.340000000 |
2nd Low | 38.800000000 |
3rd Low | 34.950000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows