AVAX/USDT – 4H – SELL

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

A continuation of the downtrend downwards to the next support at 23.030000000 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 26.770000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Next a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. 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).

26.770000000 – 25.680000000 – 25.990000000 – 23.030000000 – 22.190000000 – 22.230000000 — 52.604245412932 – 49.703504511291

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