AVAX/USDT – 30M – SELL

The combination Avalanche/Tether (AVAX/USDT) goes from the bullish trendline down.

A bearish movement down to the next support at 14.08 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 14.53 is also possible.
Consider stop-loss settings accordingly.

And also a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. which could be a negative signal. The pair is likely to go down.

And also a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

14.53 – 13.86 – 13.69 – 14.08 – 14 – 13.09 — 46.887136819188 – 39.606586599914 — 56.767739918725 – 27.880240352888 – 50.613325341786 – 42.945133317125

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