The currency pair Avalanche/Tether (AVAX/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 24.130000000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 25.330000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Then a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.770000000 |
| 2nd High | 26.570000000 |
| Next High | 25.330000000 |
| Current Price | 24.700000000 |
| Next Low | 24.130000000 |
| 2nd Low | 23.030000000 |
| 3rd Low | 22.190000000 |
25.080000000 – 25.330000000 – 26.570000000 – 24.130000000 – 24.240000000 – 23.030000000 — 53.81648438763 – 50.406376717896
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –