Sell AVAX/USDT – 4H – SELL

The currency pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline down.

The bearish trend down to the next support at 9.08 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 9.57 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

Furthermore a ‘Two Crows’ candle pattern is discovered. The chart forms ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 10.01
2nd High 9.68
Next High 9.57
Current Price 9.140000000
Next Low 9.08
2nd Low 8.96
3rd Low 8.92

9.57 – 9.68 – 10.01 – 9.08 – 9.16 – 8.96 —
9.210000000 – 9.230000000 —
41.483959101588 – 44.789049470056 —
– —
9.57 – 1777248000

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