AVAX/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 8.79 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 9.02 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

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

9.02 – 9.58 – 9.78 – 8.79 – 9.26 – 9 —
8.970000000 – 8.990000000 —
44.016827392478 – 50.679903546192 —
– —
9.02 – 1772964000

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