AVAX/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 6.648 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 6.776 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Two Crows’ candlestick pattern is found. The candles show ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. 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).

6.776 – 6.769 – 6.686 – 6.54 – 6.52 – 6.527 —
6.718000000 – 6.727000000 —
50.783507890727 – 54.707710612216 —
– —
6.776 – 1781386200

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