Sell AVAX/USDT – 1H – SELL

The combination Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline down.

A bearish descent downwards to the next support level at 24.520000000 is considered certain.

Caution: A possible change in the direction of resistance at 26.090000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 26.840000000
2nd High 26.530000000
Next High 26.090000000
Current Price 24.950000000
Next Low 24.520000000
2nd Low 23.310000000
3rd Low 23.010000000

26.090000000 – 26.530000000 – 25.230000000 – 24.520000000 – 23.310000000 – 23.010000000

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