AVAX/USDT – 4H – SELL

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.

Next a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The pair is likely to go down.

Next a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 7.55 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support zone at 10.34 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

10.34 – 12.27 – 14.95 – 8.43 – 7.55 – 9.16 —
9.340000000 – 9.250000000 —
60.843417863482 – 56.012652638141 —
– —
10.34 – 1770148800

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