AVAX/USDT – 30M – SELL

The currency pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline downwards

The bearish trend down to the next support line at 24.920000000 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 26.570000000 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

26.570000000 – 26.300000000 – 26.770000000 – 24.920000000 – 25.220000000 – 24.690000000 — 34.28496296573 – 28.648099633972

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –