AVAX/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support line at 24.430000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 25.510000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.

Furthermore a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

25.510000000 – 27.380000000 – 26.460000000 – 24.430000000 – 24.740000000 – 24.850000000 — 43.217815951328 – 37.202899813846

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – –