Sell AVAX/USDT – 30M – SELL

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

A bearish movement downwards to the next support line at 32.860000000 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 34.030000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Two Crows’ candle chart pattern is discovered. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 35.810000000
2nd High 34.110000000
Next High 34.030000000
Current Price 33.290000000
Next Low 32.860000000
2nd Low 29.380000000
3rd Low 29.170000000

34.030000000 – 34.110000000 – 35.810000000 – 32.860000000 – 33.340000000 – 33.510000000 — 46.813832059114 – 44.602155239533

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