AVAX/USDT – 4H – SELL

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

A continuation of the downtrend down to the next support at 12.21 will continue.

Caution: A possible change in the direction of resistance at 14.95 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Two Crows’ candle pattern is discovered. The candles form ‘Two Crows’. which is a bearish 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).

14.95 – 13.2 – 12.62 – 13.39 – 13.61 – 12.21 —
13.630000000 – 12.860000000 —
37.401591154421 – 30.38744158719 —
– —
14.95000 – 1768406400

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