AVAX/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 22.230000000 is likely expected.

Caution: A possible change in the direction of the resistance line at 23.040000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Additionally a ‘Three Outside Down’ candle chart pattern is discovered. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

23.040000000 – 23.480000000 – 24.140000000 – 22.230000000 – 22.860000000 – 23.360000000 — 51.145365781674 – 40.735195564853

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Down – – –