AVAX/USDT – 4H – SELL

The combination Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at 8.52 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 12.27 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

12.27 – 14.95 – 13.2 – 11.23 – 11.88 – 12.09 —
11.020000000 – 10.690000000 —
28.632854352778 – 24.072355047539 —
– —
12.27000 – 1769601600

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – – –