AVAX/USDT – 30M – SELL

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

A descent downwards to the next support line at 9.37 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 9.7 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

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

There is also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 9.42676 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 9.7 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

9.7 – 9.74 – 9.52 – 9.37 – 9.45 – 9.36 —
9.530000000 – 9.510000000 —
48.105862237466 – 50.475186626511 —
– —
9.7 – 1778139000

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