AVAX/USDT – 30M – SELL

The combination Avalanche/Tether (AVAX/USDT) goes from the descending trendline down.

A continuation of the downtrend downwards to the next support at 6.301 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 6.664 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.

In addition a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 6.425334 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 6.664 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

6.664 – 6.7 – 6.793 – 6.301 – 6.419 – 6.445 —
6.484000000 – 6.630000000 —
51.668907890422 – 64.861688247575 —
– —
6.664 – 1781098200

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