Sell AVAX/USDT – 30M – SELL

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 9.4634 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 9.86 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Bearish Harami’ candle pattern is detected. The candles form ‘Bearish Harami’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 10.17
2nd High 9.96
Next High 9.86
Current Price 9.580000000
Next Low 9.43
2nd Low 9.31
3rd Low 9.02

9.86 – 9.74 – 9.96 – 9.43 – 9.51 – 9.48 —
9.530000000 – 9.590000000 —
38.514689906853 – 56.602337095295 —
– —
9.86 – 1773235800

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