AVAX/USDT – 4H – SELL

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

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

Caution: A possible trend reversal in the direction of the resistance line at 9.84 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.

Moreover a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish signal. 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 Black Crows’ heading down is 82%.

9.84 – 9.45 – 9.42 – 8.42 – 8.18 – 8.66 —
9.170000000 – 9.290000000 —
48.53688663544 – 53.493620283515 —
– —
9.84 – 1772049600

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