Sell AVAX/USDT – 30M – SELL

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

A descending movement down to the next support level at 32.790000000 is considered certain.

Caution: A possible change in the direction of resistance at 34.030000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

Also there is a ‘Three Outside Down’ candlestick pattern is found. The candles show ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 35.810000000
2nd High 34.110000000
Next High 34.030000000
Current Price 32.830000000
Next Low 32.790000000
2nd Low 29.380000000
3rd Low 29.170000000

34.030000000 – 34.110000000 – 35.810000000 – 32.790000000 – 33.000000000 – 32.860000000 — 41.150244940838 – 36.022115226141

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