AVAX/USDT – 30M – SELLThe currency pair Avalanche/Tether (AVAX/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support at 13.03 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 13.390000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
And also a ‘Evening Star’ candlestick chart pattern is discovered. The chart shows ‘Evening Star’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Evening Star’ going down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 13.99 |
| 2nd High | 13.46 |
| Next High | 13.390000000 |
| Current Price | 13.300000000 |
| Next Low | 13.03 |
| 2nd Low | 12.57 |
| 3rd Low |
13.390000000 – 13.34 – 13.46 – 13.03 – 13.18 – 12.57 — 61.796161752767 – 55.362324674427 — 91.162653351588 – 85.331679529585 – 69.977539752848 – 82.944443497325
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Evening Star – – –