AVAX/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at 23.160000000 is likely expected.

Caution: A possible change in the direction of the resistance zone at 23.570000000 could happen.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.

Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘Two Crows’ candlestick pattern is existing. The chart forms ‘Two Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

23.570000000 – 23.040000000 – 23.480000000 – 23.160000000 – 22.360000000 – 22.230000000 — 47.582155449593 – 46.892426388765

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Two Crows – – –