AVAX/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support level at 8.69 is certain.

Caution: A possible change in the direction of the resistance level at 9.29 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

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

In addition a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 9.075 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 9.29 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

9.29 – 8.99 – 9.02 – 8.69 – 8.82 – 8.79 —
9.090000000 – 9.320000000 —
53.804678171942 – 67.753826930384 —
– —
9.29 – 1773036000

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – – – –