Sell AVAX/USDT – 30M – SELL

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

The bearish trend downwards to the next support at 22.760000000 will persist.

Caution: A possible change in the direction of the resistance zone at 24.600000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 25.510000000
2nd High 24.820000000
Next High 24.600000000
Current Price 24.280000000
Next Low 22.760000000
2nd Low 22.190000000
3rd Low 21.950000000

24.600000000 – 24.050000000 – 24.550000000 – 22.760000000 – 23.540000000 – 23.260000000 — 61.012532081705 – 56.373029167751

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