AVAX/USDT – 30M – SELL

The combination Avalanche/Tether (AVAX/USDT) moves from the descending trendline down.

A continuation of the downward movement down to the next support level at 23.180000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 24.140000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 23.36 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 24.140000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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).

24.140000000 – 24.090000000 – 25.330000000 – 23.360000000 – 24.020000000 – 23.570000000 — 50.174514905175 – 46.186915106376

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