Sell AVAX/USDT – 30M – SELL

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

The bearish trend downwards to the next support line at 37.570000000 is expected.

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

Additionally a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 38.140000000
Next Low 37.570000000
2nd Low 34.950000000
3rd Low 34.940000000

Download AVAX/USDT Signal Image

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