AVAX/USDT – 30M – SELL

Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 9.08 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 9.31 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Outside Down’ candlestick pattern is found. The chart forms ‘Three Outside Down’. 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 chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

9.31 – 9.42 – 9.34 – 9.05 – 9.18 – 9.12 —
9.280000000 – 9.300000000 —
56.368778183666 – 57.766577246275 —
– —
9.31 – 1771279200

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Down – – –