Sell AVAX/USDT – 30M – SELL

The currency pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline downwards

A bearish descent down to the next support level at 38.800000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 44.190000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a negative 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’ going down is 82%.

Support & Resistance Price Range*
3rd High 45.050000000
2nd High 44.570000000
Next High 44.190000000
Current Price 38.900000000
Next Low 38.800000000
2nd Low 34.950000000
3rd Low 34.940000000

Download AVAX/USDT Signal Image

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