Sell AVAX/USDT – 1H – SELL

The currency pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline downwards

The bearish trend down to the next support level at 9.45 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 9.74 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Also there is a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black 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 chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 10.36
2nd High 10.01
Next High 9.74
Current Price 9.410000000
Next Low 9.45
2nd Low 8.99
3rd Low 8.97

9.74 – 9.52 – 9.38 – 9.45 – 8.99 – 8.97 —
9.660000000 – 9.650000000 —
60.890576569984 – 47.927833666331 —
– —
9.74 – 1778054400

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