In addition a ‘Double top chart pattern’ chart layout is existing. The chart shows ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to fall.
In addition a ‘Bearish Belt Hold’ chart pattern is detected. The chart forms ‘Bearish Belt Hold’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 27.380000000 |
| Next High | 25.990000000 |
| Current Price | 23.750000000 |
| Next Low | 22.760000000 |
| 2nd Low | 22.190000000 |
| 3rd Low | 21.950000000 |
25.990000000 – 25.440000000 – 24.900000000 – 24.750000000 – 24.370000000 – 22.760000000 — 45.122853484926 – 24.780915790112
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Belt Hold – Double top chart pattern – –