AVAX/USDT – 4H – SELLThe pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline downwards
The bearish trend down to the next support line at 9.08 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 9.450000000 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. 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 | 9.68 |
| 2nd High | 9.57 |
| Next High | 9.450000000 |
| Current Price | 9.060000000 |
| Next Low | 9.08 |
| 2nd Low | 8.96 |
| 3rd Low | 8.92 |
9.450000000 – 9.57 – 9.68 – 9.08 – 9.16 – 8.96 —
9.450000000 – 9.180000000 —
54.040209372145 – 43.123352103047 —
9.450000000 – 1777449600 —
– 1777449600
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – – –