The pair Avalanche/Tether (AVAX/USDT) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 12.57 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 13.46 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘%K fall below 80’ indicator layout is discovered. The indicator is ‘%K fall below 80’. which is often a bearish chart signal. The currency pair could go down.
Besides a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Besides a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.93 |
| 2nd High | 13.99 |
| Next High | 13.46 |
| Current Price | 13.090000000 |
| Next Low | 12.57 |
| 2nd Low | |
| 3rd Low |
13.46 – 13.99 – 14.93 – 13.18 – 12.57 – 13.5 — 36.735218623868 – 31.45309623759 — 21.757342091485 – 0 – 45.929522268234 – 23.918320719692
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – – –