AVAX/USDT – 30M – SELL

The currency pair Avalanche/Tether (AVAX/USDT) goes from the bearish trendline down.

A continuation of the bearish trend down to the next support at 22.530000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 24.440000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Next a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

24.440000000 – 24.200000000 – 26.100000000 – 22.530000000 – 23.150000000 – 24.710000000 — 55.911844314876 – 51.78805898791

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – –