AVAX/USDT – 30M – SELL

The pair Avalanche/Tether (AVAX/USDT) moves from the descending trendline downwards

A continuation of the bearish trend down to the next support line at 21.570000000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 22.850000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 21.44 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 22.850000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

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

22.850000000 – 24.120000000 – 23.670000000 – 21.570000000 – 21.440000000 – 21.630000000 — 55.616003262379 – 52.964679748634

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