AVAX/USDT – 4H – SELL

And also a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart signal. The currency pair could go down.

And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 8.37 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of support at 9.48 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Matching Low’ candlestick chart pattern is existing. The candles form ‘Matching Low’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

9.48 – 9.08 – 9.8 – 8.66 – 8.37 – 8.66 —
9.090000000 – 8.930000000 —
56.400725189073 – 39.22034128842 —
– —
9.48 – 1775016000

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –