AVAX/USDT – 1H – SELL

Also there is a ‘Double bottom retreat down’ chart formation is discovered. The chart picture forms ‘Double bottom retreat down’. which is a negative signal. The currency pair is likely to go down.

Also there is a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles form ‘Bearish Engulfing’. which 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 likelyhood of ‘Bearish Engulfing’ heading down is 79%.

25.230000000 – 25.030000000 – 23.240000000 – 24.520000000 – 23.310000000 – 23.010000000

Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Bearish Engulfing – Double bottom retreat down