AVAX/USDT – 1H – SELL

The currency pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline down.

A bearish movement downwards to the next support at 6.376 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 8.372 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish chart signal. The currency pair could go down.

Then a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

6.776 – 6.7 – 6.707 – 6.376 – 6.52 – 6.476 —
6.952000000 – 7.004000000 —
71.241291770485 – 56.344474917636 —
– —
6.776 – 1781384400

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – – –