Sell AVAX/USDT – 30M – SELL

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 9.08988 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 9.31 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Outside Down’ candlestick chart pattern is detected. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 9.48
2nd High 9.42
Next High 9.31
Current Price 9.180000000
Next Low 9
2nd Low 8.74
3rd Low 8.62

9.31 – 9.42 – 9.34 – 9 – 9.05 – 9.18 —
9.120000000 – 9.260000000 —
35.994936547872 – 58.048998931751 —
– —
9.31 – 1771279200

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