AVAX/USDT – 30M – SELL

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

The bearish trend down to the next support at 13.47 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 14.85 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘RSI fall below 70’ indicator signal is detected. The indicator is ‘RSI fall below 70’. which could be a negative signal. The pair is likely to go down.

Moreover a ‘Two Crows’ candle chart pattern is discovered. The chart shows ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

14.85 – 14.61 – 14 – 13.47 – 13.39 – 13.51 — 70.164888554295 – 68.563463099406 — 6.1260515790925 – 6.1260515790925 – 7.5066083808428 – 6.1260515790925

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